July 5th, 2023

Yahoo Finance

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Bryan Sullivan Shares Outlook on $43 Billion Warner Bros. Discovery Merger with Yahoo Finance

Bryan Sullivan was recently featured in the Yahoo Finance article “Warner Bros. Discovery’s stock down 50% since merger – why analysts are still bullish,” which examines the media conglomerate’s plunging stock value post merger, as well as company layoffs and other executive challenges within the two organizations, and what it all could mean for investors. The article highlights concerns held by pessimistic shareholders about the likelihood of success following the merger, as well as insight from those who still think there will be long-term benefits.

Bryan emphasized his confidence in the two companies’ strengths together rather than separate. “I’m buying stock in it,” he shares about Warner Bros. Discovery. “I think it has way too much IP that’s valuable.”

Read the full article here.