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AT&T Inc. (NYSE:T) is a great investment option at the moment. The stock is set to experience upside through both systemic and idiosyncratic tailwinds. From a market perspective, the company is expected to perform well as it’s a value stock, which typically combat inflation. The company is also in a restructuring process, causing investors to anticipate substantial gains.
Restructuring
AT&T has agreed on a deal with Discovery Inc. (NASDAQ:DISCA) to spin off its media assets. The purpose behind the agreement is to create a stand-alone brand, which will experience more significant synergies with the involvement of Discovery.
The company will retain 71% of the business and receive $43 billion in cash and debt securities, which wil…
Read the full article at: https://finance.yahoo.com/news/ts-corporate-restructuring-add-existing-180513830.html