Discovery-AT&T merger suit ends in $125M settlement
2024-07-06
Maks_Lab A group of former Discovery Inc. investors is set to receive $125M after settling a lawsuit related to allegations that the entertainment firm’s 2022 merger with AT&T’s (NYSE:T) WarnerMedia unit generated improper payouts worth more than $1B to company insiders. Subject to the final approval of Delaware Chancery JudgeContinue Reading