Mergers, Acquisitions and Divestitures – Page 47

Discovery Closes In on Acquisition of WarnerMedia

The blockbuster merger of Discovery and WarnerMedia is expected to close as soon as Friday, putting many of the biggest names in movies, TV and news under one roof.

Bidding War for Spirit Could Undercut Power of Four Big Airlines

The rival bids for Spirit from Frontier and JetBlue could create an airline that presents a more formidable challenge to American, Delta, Southwest and United.

Spirit Airlines will weigh JetBlue’s takeover offer against its planned merger with Frontier.

Spirit made the announcement two days after JetBlue made an unsolicited bid to take over the company.

Ann Sarnoff, Warner Bros. Chief, Is Set to Leave

Ms. Sarnoff became the first woman to hold the job in 2019, but Discovery’s C.E.O. is expected to take over at least some of her role himself.