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t1_j9rwwxl wrote

Reply to comment by in Warner Bros. Discovery Sees $2.1 Billion Loss in Q4 After Big Writedown; Ad Sales Tumble by

No, AT&T is going put its debt into WB regardless.

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t1_j9ss9js wrote

Not if they didn't have an offer. That debt is basically to add to the price Zaslav was just a big enough sucker to accept to buy at that price. Even companies which could stomach that debt like Apple just said no

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t1_j9ssnrs wrote

AT&T plan to spin off WB and offload some of their debt into it way before any offer.

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