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Which law firm will represent Discovery Inc. in any potential future lawsuits related to the AT&T WarnerMedia merger?
3
Resolution / Starting Odds
Skadden, Arps, Slate, Meagher & Flom LLP • 25%
Cravath, Swaine & Moore LLP • 25%
Sullivan & Cromwell LLP • 25%
Other • 25%
Public court records and official announcements
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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Warner Bros. Discovery wins • 25%
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