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What will be the final settlement amount approved by the court in the Discovery Inc. vs. AT&T WarnerMedia merger case?
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Resolution / Starting Odds
Less than $100 million • 25%
$100 million to $125 million • 25%
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More than $150 million • 25%
Court approval documents and news reports
Story
Discovery Inc. Investors Secure $125M Settlement Over $43B AT&T Merger Claims
Jul 6, 2024, 02:59 AM
Discovery Inc. investors have reached a $125 million settlement over claims related to the company's $43 billion merger with AT&T Inc.'s WarnerMedia unit. The lawsuit alleged that the merger shortchanged investors and provided improper benefits worth over $1 billion to company insiders. The settlement addresses these allegations and compensates the affected shareholders. The details were reported by Jef Feeley from Bloomberg.
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Sky wins • 25%
Warner Bros. Discovery wins • 25%
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