AT&T’s $43 Billion Plan to Merge WarnerMedia Unit With Discovery Is Given US Antitrust Clearance

AT&T’s $43 Billion Plan to Merge WarnerMedia Unit With Discovery Is Given US Antitrust Clearance
The AT&T logo is seen on a smartphone in front of displayed Discovery and Warner Media logos in this illustration taken on May 17, 2021. Dado Ruvic/Reuters
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The U.S. Department of Justice on Wednesday approved AT&T’s $43 billion plan to merge its WarnerMedia unit with Discovery, the companies announced on Wednesday in a Securities and Exchange Commission filing.

According to the filing (pdf), which was first obtained by TheWrap, Discovery and AT&T have “satisfied the closing condition” in the merger plan, which was initially announced on May 17, 2021.
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