Discovery, Inc.

MergerTalk: Why Playing the Pending Discovery/WarnerMedia Merger Through AT&T Could Pay Dividends

Event-Driven
228 Views, 12 Jan 2022 04:05
Robert has highlighted this Insight as a Top Pick
EXECUTIVE SUMMARY
  • The prospect of significant value creation for Discovery, Inc. (DISCK US) shareholders is much closer to realization with its merger with WarnerMedia  merger on track to complete by for mid-2022.
  • A conservative target share price target of $41 for WBD offers greater than 40% upside from the prevailing share prices of DISCA and DISCK.
  • Purchasing AT&T shares at prevailing levels could effectively give investors a ~65% to 75% cheaper option to purchase WBD shares than currently through DISCK .
detail (9-minute read)
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Robert Sassoon
AlphaSituations-Event/Catalyst Driven Research
AlphaSituations
United StatesEquitiesEvent-Driven

Robert Sassoon has been an equity analyst for more than twenty years focusing primarily on global special situations. Ro... 

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