DISCB - AT&T-Discovery deal clears HSR closing hurdle

Discovery (DISCA +1.5%) says as of Wednesday that the Hart-Scott-Rodino waiting period has cleared on its planned merger with WarnerMedia (T +1.5%), removing another hurdle toward closing the blockbuster deal. Also, any agreement not to consummate the deal between the companies and the government has expired or otherwise been terminated, Discovery notes in its SEC filing. The companies sealed the multibillion-dollar deal last May and it's headed for an earlier-than-expected closing in the second quarter.

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AT&T-Discovery deal clears HSR closing hurdle