Discovery surges 10% after agreeing to acquire AT&T's media operations for $43 billion
By Victor in Business
Updated 3 years ago
Discovery shares rose as much as 10% on Monday following its $43 billion deal to acquire AT&T's media assets. AT&T shares also rose as the company plans to spinoff WarnerMedia. The deal will create a company that will house more than 100 brands including HBO and HGTV. See more stories...