Warner Bros. Discovery announced that it continues its plan for a transformation into two separate structures. This transformation foresees the creation of two main companies: Warner Bros. and Discovery Global.
The board of directors emphasized that they have received multiple offers for both the entire company and just Warner Bros. A process has been initiated to examine strategic alternatives to maximize shareholder value.
The statement mentioned that with the planned completion of the separation process by mid-2026, options for the sale of the entire company or the separate sales of either Warner Bros. or Discovery Global are being evaluated.
It was emphasized that no final deadline or specific timetable has been set, and there is no guarantee that any of the options evaluated outside the current separation process will result in a transaction.
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