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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Paul Senior who wrote (78663)12/5/2025 10:50:18 AM
From: E_K_S  Respond to of 78752
 
RE: WBD; Still hold my shares from the T spin off 4/2022

The spin-off that created Warner Bros. Discovery (WBD) occurred on April 8, 2022, when AT&T spun off its WarnerMedia business and merged it with Discovery, Inc.

Here are the key details:

  • Date: The merger was officially completed on April 8, 2022. The stock began normal trading on the NASDAQ under the ticker symbol WBD on April 11, 2022.

  • Initial Price Reference: For the purpose of cost basis allocation for AT&T shareholders, the average of the opening and closing prices for WBD on April 11, 2022, was $24.43 per share.

  • Transaction: AT&T shareholders received 0.241917 shares of WBD for each share of AT&T (T) common stock they owned. The transaction was structured to be a non-taxable event for AT&T shareholders.

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Been underwater but now could get cash & NFLX stock is the buy out deal goes thru.



To: Paul Senior who wrote (78663)12/6/2025 7:20:08 PM
From: Madharry  Respond to of 78752
 
WBD I have slowly been exiting at lower prices. I sold all my shares where i had tax losses and 1/3 of my share on friday where i had actual losses though small at this point in non taxable accounts. I am holding all the shares where I have long term capital gains until next year when I will reassess.

Overall I sold about 1/3 of my position so far. The pundits seem convinced that the current administration will put their thumb on the scale to make sure Ellison ends up with WBD. I have no idea what will transpire and realize that this was a poor investment decision on my part and will be lucky to get out with any profit. I will not be so fortunate with my paramount purchase.



To: Paul Senior who wrote (78663)12/8/2025 9:37:57 AM
From: Madharry  Respond to of 78752
 
heard on bloomberg that paramount came back with a $30 all cash offer for WBD!