(Reuters) - The deal is expected to close in May, Discovery said, adding that the cash amount is expected to be raised through an additional bank or other financing facility.
"This proposed transaction will simplify Discovery's ownership structure, further streamline our operations and give the company more strategic flexibility," Discovery Chief Executive David Zaslav said in a statement.
Read more at Reuters.com Business News
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment