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T - AT&T Inc News Story

$30.97 1.1  3.6%

Last Trade - 4:45pm

Sector
Telecoms
Size
Large Cap
Market Cap £174.76bn
Enterprise Value £315.94bn
Revenue £147.06bn
Position in Universe 28th / 6360

BRIEF-Sony Pictures Entertainment Acquires At&T Stake In Game Show Network

Mon 18th November, 2019 9:35pm
Nov 18 (Reuters) - AT&T Inc  T.N :
    * SONY PICTURES ENTERTAINMENT ACQUIRES AT&T STAKE IN GAME
SHOW
NETWORK
    * AT&T INC - IN CONNECTION WITH TRANSACTION, AT&T RECEIVED
APPROXIMATELY $500 MILLION
    * AT&T INC - FOLLOWING TRANSACTION, GAME SHOW NETWORK
CHANNEL WILL
CONTINUE TO BE CARRIED ON DIRECTV
    * AT&T INC - GAME SHOW NETWORK WILL CONTINUE TO BE MANAGED
BY SONY
PICTURES TELEVISION
    * AT&T INC - RECEIVED ABOUT $500 MILLION, INCLUDING PROCEEDS
FOR
EQUITY STAKE VALUED AT $380 MILLION AND DIVIDENDS OF ABOUT $130
MILLION
    * AT&T INC - MARK FELDMAN WILL CONTINUE AS PRESIDENT AND CEO
OF
GAME SHOW NETWORK

Source text for Eikon:  ID:nBw4Jrb8ca 
Further company coverage:  T.N 

 ((Reuters.Briefs@thomsonreuters.com;))
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