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S&P Dow Jones Indices Announces Treatment of AT&T Transaction with Discovery

NEW YORK, April 7, 2022 /PRNewswire/ -- S&P 500 & 100 constituent AT&T Inc. (NYSE:T) will spin off its interest in WarnerMedia, and immediately following the spin-off, WarnerMedia will merge with S&P 500 constituent Discovery Inc. (NASD:DISCK,DISCA,DISCB