WebAs of April 8, 2024 (the “Closing Date”), Discovery, Inc. (“Discovery”) was renamed Warner Bros. Discovery in connection with the completion of the transactions (the “Transactions”) to acquire the WarnerMedia business from AT&T Inc. (“AT&T”). Our Series A common stock, par value $0.01 per share (“WBD common stock”), is ... WebFeb 4, 2024 · This is because we don’t yet know the final number of shares WBD will have. Since the deal is seen as closing (according to the press release) in Q2, 2024, the number of shares can’t be known ...
Hold Onto AT&T and the Proposed WBD Spin-off Stock …
WebApr 11, 2024 · The initial value of the Warner Bros. Discovery stock received for each AT&T share was roughly $5.90 (0.242 times $24.43), or 25% of the value of AT&T stock on … WebWBD and T spinoff/merger cost basis. So, personally, when calculating my cost basis (for personal reasons, not tax) I consider a spinoff as "a removal from total cost basis of original company". i.e since the spinoff was 0.24 shares per 1 share, my cost basis for T is reduced by the calculated cost basis of the new stock. blank mental health intake form
How to Handle the Taxes on the AT&T Spinoff of Warner Bros.
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