Mergers and Acquisitions

Markets

How AT&T-Discovery deal affects consumers, rivals

The deal, which isn't slated to close until next year, will create a new publicly traded company that will enter a streaming arena that has been flooded in the past two years with new players including those owned by AT&T and Discovery, which operate HBO Max and Discovery+, respectively.

Markets

Bright Machines nears SPAC deal to go public

Bright Machines is nearing a merger with a special-purpose acquisition company to go public in a deal that would value the manufacturing-automation business at about $1.6 billion, according to people familiar with the matter.