Junior Achievement Of New York Honors Chris Levendos Of Crown Castle At Annual Lower Hudson Valley Champions Celebration
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NEW YORK, May 19, 2021 /PRNewswire/ On Tuesday, May 18, Junior Achievement of New York - the leading provider of real world education for K-12 students in New York City, Long Island, and the Lower Hudson Valley - honored Chris Levendos, Executive Vice President and Chief Operating Officer-Fiber of Crown Castle, with the 2021 Lower Hudson Valley Champions Award during the virtual Champions Celebration.
The 2021 Lower Hudson Valley Champions Celebration, presented by Crown Castle and PepsiCo, raised over $100,000 to provide access to financial literacy, entrepreneurship and work readiness programs for K-12 students across Westchester, Rockland, Orange, and Putnam Counties.
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AT&T agreed to spin off its media operations in a deal with Discovery that will create a new entertainment company, merging assets ranging from CNN and HBO to HGTV and the Food Network.
The transaction values the combined entity at about $130 billion including debt, based on WarnerMedia’s estimated enterprise value of more than $90 billion.
AT&T will receive $43 billion in cash, debt securities and debt retention, with its shareholders getting stock representing 71 per cent of the new company, the companies said in a statement Monday. The deal is structured as a tax-advantaged Reverse Morris Trust.
Discovery Chief Executive Officer David Zaslav is to lead the new entity. WarnerMedia CEO Jason Kilar’s future is to be determined, AT&T CEO John Stankey said on a conference call discussing the deal.
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