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Debt a big topic in the Warner Bros. Discovery split (WBD:NASDAQ)

Symbol of Warner Bros. Entertainment, Inc

Jacek_Sopotnicki

Well, that didn’t work so well. Warner Bros. Discovery (NASDAQ:WBD) is unraveling a $43B mega-merger that was completed in 2022, when WarnerMedia (divested from AT&T) merged with Discovery to create a media and entertainment conglomerate. The thinking here was that the combined entity

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