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AT&T Seeks Competitive Power in Media Assets Merger with Discovery

AT&T Seeks Competitive Power in Media Assets Merger with Discovery

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AT&T could announce a deal to combine its media entities with Discovery Inc. this week, according to Bloomberg. The tax-friendly transaction is a surprise U-turn, less than three years since AT&T invested $85 billion to acquire the assets. The transaction with Discovery is expected to be structured in…

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