WarnerMedia and ViacomCBS exploring possible sale of CW Network
[ad_1]
2/2
© Reuters. FILEPHOTO: A display of ViacomCBS’ logo at Nasdaq MarketSite celebrates the company’s merger in New York on December 5, 2019 (U.S.). REUTERS/Brendan McDermid/File Photo
2/2
© Reuters. FILEPHOTO: A display of ViacomCBS’ logo at Nasdaq MarketSite celebrates the company’s merger in New York on December 5, 2019 (U.S.). REUTERS/Brendan McDermid/File Photo2/2
(Reuters) – AT&T Inc (NYSE:)’s WarnerMedia and ViacomCBS (NASDAQ:) Inc are exploring a possible sale of a significant stake or all of the CW Network, which they jointly own, the Wall Street Journal reported late on Wednesday.
The report cites people who were close to talks as saying Nexstar Media Group, (NASDAQ:) Inc, is one of the potential suitors.
Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs include stocks, futures, indexes and Forex. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.
Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.
[ad_2]