AT&T teeb tsa txoj kev npaj kom tig tawm WarnerMedia hauv $ 43 billion Deal

AT&T tshaj tawm tias nws lub rooj tsavxwm tau txiav txim siab tawm ntawm telco qhov kev txaus siab hauv WarnerMedia - ntau dua li tsim cov xov xwm conglom qhov kev faib tawm raws li kev sib cais.

Qhov kev lag luam yuav tig tawm 100% ntawm AT&T qhov kev txaus siab hauv WarnerMedia rau AT&T cov tswv lag luam uas twb muaj lawm hauv kev faib tawm pro-rata, tom qab los ntawm kev sib koom ua ke ntawm WarnerMedia nrog Discovery los tsim ib lub tuam txhab tshiab, "Warner Bros. Discovery." Qhov kev pom zoo yuav tsum kaw nyob rau lub quarter thib ob ntawm 2022; yav dhau los, AT&T tau tsom "mid-2022" rau qhov kaw.

Lub lim tiam dhau los, ntawm AT&T's Q4 cov nyiaj tau los hu, CEO John Stankey tau tawm mus hais tias lub rooj tsavxwm tseem nyob ntawm lub laj kab txog seb puas yuav tig tawm WarnerMedia (thiab muab AT&T cov tswv lag luam pro-rata shares hauv Warner Bros. Discovery tshiab) lossis ua kev sib cais- tawm (nyob rau hauv uas lawv yuav muaj kev xaiv pauv AT&T shares rau Tshuag hauv WarnerMedia-Discovery). Stankey hais rau cov kws tshuaj ntsuam ntawm Q4 cov nyiaj tau los hu uas yog "qhov zoo thiab qhov tsis zoo rau kev mus nrog kev sib tw lossis kev sib cais." Kev sib cais tawm yuav yog qhov tseem ceeb ntawm cov khoom lag luam loj los ntawm AT&T.

Thaum kawg, AT&T txiav txim siab tias qhov kev sib tw yog txoj hauv kev zoo tshaj plaws. Cov kws tshuaj ntsuam xyuas tau sau tseg tias qhov kev pheej hmoo nrog kev sib cais yuav yog tias AT&T lub khw muag khoom-hnyav ua lag luam hauv paus yuav tsis xav kom muaj ib daim ntawm WarnerMedia-Discovery.

"Nyob rau hauv kev ntsuam xyuas daim ntawv ntawm kev faib tawm, peb tau coj los ntawm ib lub hom phiaj - ua tiav qhov kev lag luam nyob rau hauv qhov zoo tshaj plaws seamless yam muaj peev xwm los pab txhawb tus nqi mus sij hawm ntev," Stankey tau hais nyob rau hauv ib nqe lus Tuesday. "Peb ntseeg siab tias qhov kev sib tw ua tiav lub hom phiaj no vim tias nws yooj yim, ua tau zoo thiab ua rau AT&T cov tswv lag luam muaj feem ntawm ob lub tuam txhab, txhua tus yuav muaj peev xwm tsav cov nyiaj rov qab zoo dua raws li lawv txoj hauv kev lag luam. "

Stankey hais ntxiv, "Peb ntseeg tias qhov seem ntawm AT&T thiab WBD tshiab yog ob qhov sib npaug uas lub khw yuav xav muaj thiab kev lag luam los txhawb cov peev txheej yuav txhim kho. Es tsis txhob sim account rau kev lag luam volatility nyob rau hauv lub nyob ze-lub sij hawm thiab txiav txim siab qhov twg yuav apportion tus nqi nyob rau hauv tus txheej txheem ntawm ua ib tug pauv ntawm shares, lub spin-off faib yuav cia lub lag luam ua li cas kev lag luam ua tau zoo tshaj plaws. Peb cia siab tias ob qho tib si kev ncaj ncees yuav sai sai no muaj nuj nqis ntawm cov ntsiab lus tseem ceeb thiab kev cia siab zoo uas lawv sawv cev. "

Tsis tas li ntawd, AT&T pawg thawj coj tau pom zoo qhov kev cia siab tom qab kaw txhua xyoo nyiaj faib ntawm $ 1.11 ib qho AT&T share, txhawm rau suav rau kev faib tawm ntawm WarnerMedia rau AT&T cov tswv lag luam thiab kom loj hlob cov nyiaj faib tawm txhua xyoo ntawm kwv yees li 40% ntawm cov nyiaj tau los pub dawb. Qhov ntawd, lub tuam txhab tau hais tias, yuav cia AT&T "kev nqis peev hauv txoj hauv kev loj hlob zoo" xws li 5G thiab fiber ntau.

Raws li tau tshaj tawm yav dhau los, raws li cov ntsiab lus ntawm kev sib pauv, uas yog tsim los ua ib qho khoom lag luam tag nrho, Reverse Morris Trust kev lag luam, AT&T yuav tau txais $ 43 billion thiab AT&T cov tswv lag luam yuav tau txais cov khoom lag luam sawv cev kwv yees li 71% ntawm Warner Bros. Discovery tshiab. Cov tswv cuab Discovery uas twb muaj lawm yuav muaj kwv yees li 29% ntawm lub tuam txhab tshiab nyob rau hauv tag nrho diluted.

Nyob rau hnub kaw ntawm qhov kev sib pauv, txhua tus tswv cuab ntawm AT&T yuav tau txais (raws li kev them se dawb) kwv yees li 0.24 feem pua ​​​​ntawm WBD cov khoom lag luam tshiab rau txhua qhov sib koom ntawm AT&T cov khoom lag luam uas muaj nyob rau hauv cov ntaub ntawv hnub rau pro rata faib. Tam sim no, AT&T muaj kwv yees li 7.2 billion tag nrho diluted shares zoo heev.

Kev kaw ntawm qhov kev sib pauv tseem yuav ua rau muaj kev txaus siab ntawm qee yam xwm txheej, suav nrog kev pom zoo los ntawm Lub Tsev Haujlwm Saib Xyuas Kev Ncaj Ncees.

Tom qab kaw qhov kev sib pauv, WBD cov khoom lag luam yuav tsum tau teev nyob rau hauv Nasdaq Ntiaj Teb Xaiv Kev Lag Luam hauv qab daim ntawv kos npe "WBD." Nyob rau hauv kev twb kev txuas nrog rau kev sib pauv, tag nrho cov chav kawm ntawm shares ntawm Discovery peev Tshuag yuav raug hloov dua siab tshiab thiab muab faib mus rau hauv ib qho shares ntawm WBD nrog ib tug pov npav rau ib feem. AT&T yuav txuas ntxiv pauv ntawm NYSE raws li daim ntawv kos npe "T."

WBD cia siab tias yuav paub txog cov nqi sib koom ua ke ntawm ntau dua $ 3.0 nphom hauv ib xyoos ib zaug los ntawm qhov kawg ntawm lub xyoo thib ob tom qab kaw qhov kev pom zoo, vim yog "kev lag luam, kev lag luam thiab kev ua haujlwm tau zoo."

Lub tuam txhab tshiab lub rooj tsavxwm yuav suav nrog 13 tus tswvcuab, xya tus thawj coj raug xaiv los ntawm AT&T, suav nrog tus thawj coj ntawm pawg thawj coj. Discovery tau xaiv rau XNUMX tus tswv cuab, suav nrog Zaslav.

AT&T tau hais tias nws yuav tuav lub rooj sib tham ua lag luam virtual thaum Lub Peb Hlis 11, qhov chaw uas lub tuam txhab tau hais tias nws yuav muab "kev pom ntxiv thiab kev cia siab rau nyiaj txiag thiab kev ua haujlwm ntawm AT&T's Communications ntu" tom qab kaw ntawm WarnerMedia kev lag luam.

Zoo Ntau Yam

Tau qhov twg los: https://finance.yahoo.com/news/t-sets-plan-spin-off-115957339.html