A Rare Opportunity To Pick Up A Blue Chip Paying 7.5% And Currently On Sale
October 11, 2021 at 17:48 PM EDT
AT&T announced it would spin off its WarnerMedia assets into a merger with Discovery, Inc. AT&T will receive $43 billion in cash, debt securities, and WarnerMedia’s retention of certain debt. Afterwards, AT&T shareholders will own 71% of the company.
