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WarnerMedia, Which Airs AEW on TNT, Announces Merger With Discovery


AT&T’s WarnerMedia has announced a merger of its entertainment assets (which includes TNT, the home of AEW) with Discovery Inc. The new company hasn’t been given a name or management structure yet, but it will be led by Discovery CEO David Zaslav. AT&T will receive $43 billion in cash, debt securities and WarnerMedia’s retention of debt, with shareholders getting stock that represents 71% of the new company. Discovery shareholders will get the other 29%. The deal will likely close sometimes in mid-2022, after approval from Discovery shareholders and regulators. Here’s a press release:
AT&T’s WARNERMEDIA AND DISCOVERY, INC. CREATING STANDALONE COMPANY BY COMBINING OPERATIONS TO FORM NEW GLOBAL LEADER IN ENTERTAINMENT ....

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Charlie's Holdings Names Matt Montesano CFO and Appoints David Allen to the Board of Directors


Charlie s Holdings Names Matt Montesano CFO and Appoints David Allen to the Board of Directors
ACCESSWIRE
COSTA MESA, CA / ACCESSWIRE / May 14, 2021 / Charlie s Holdings, Inc. (OTC PINK:CHUC) (
Charlie s or the
Company ), an industry leader in both the premium, nicotine-based, e-cigarette space and the hemp-derived, CBD wellness space, announced today that Matt Montesano has been appointed Chief Financial Officer effective May 10, 2021. The Company also announced that David Allen, the Company s former CFO, will step down from his daily management duties and will now serve on Charlie s Board of Directors.
Since 2014, Matt Montesano has served as the CFO of Charlie s Chalk Dust, the Company s largest and most profitable operating division; beginning in 2019, he also served as the CFO of Don Polly, the Company s hemp-derived products division. Mr. Montesano has extensive experience in financial and operational strategy, control system implementation, and all a ....

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