Possible Merger Ahead: AT&T's WarnerMedia and Discovery in talks
New York (CNN Business)AT&T (T) is in advanced talks with Discovery Communications (DISCA)about a deal that would combine two treasure troves of content in the streaming age.
AT&T's WarnerMedia division, which includes CNN, would be paired with Discovery under a proposal that is being discussed behind closed doors this weekend, a source familiar with the matter said, confirming news first reported Sunday morning by Bloomberg.
If there are no last-minute snags, the deal could be announced as soon as Monday. Read more here ...
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