|Bid||25.90 x 28000|
|Ask||25.98 x 36900|
|Day's range||25.66 - 26.20|
|52-week range||17.34 - 66.70|
|Beta (5Y monthly)||1.38|
|PE ratio (TTM)||23.26|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
LOS ANGELES, September 09, 2021--INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims on Behalf of Investors in Discovery, Inc.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Discovery, Inc. ("the Company") (NasdaqGS: DISCA, DISCB, DISCK) with AT&T Inc. (NYSE:T) pursuant to which Discovery shareholders will own approximately 29% of the new company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger undervalues the Company.
Halper Sadeh LLP, a global investor rights law firm, is investigating Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) and its board of directors for potential violations of law in connection with its agreement with AT&T Inc. to combine WarnerMedia’s entertainment, sports and news assets with Discovery’s nonfiction and international entertainment and sports businesses to create a standalone company. Under the terms of the agreement, which is structured as an all-stock, Reverse Morris Trust transaction, AT&T would receive $43 billion (subject to adjustment) in a combination of cash, debt securities and WarnerMedia’s retention of certain debt. AT&T’s shareholders would receive stock representing 71% of the new company with Discovery shareholders expected to own 29% of the new company.