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Jul 1, 2025, 10:48 am51 pts
The WrapShares of Warner Bros. Discovery tumbled over 4% on Tuesday morning as the Newhouse family revealed it would sell 100 million of its shares in the media giant for $10.97 apiece, or around $1.1 billion. The family, which owns Condé Nast and has sizable stakes in Charter Communications and Reddit, agreed to make…
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