{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-103051","form_type":"8-K","ticker":"WBD","cik":"0001437107","company_name":"Warner Bros. Discovery, Inc.","filed_at":"2022-04-12T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.710685+00:00","generated_at":"2026-06-26T07:54:14.431802+00:00","sec_items":["1.01","2.01","2.03","3.01","3.03","5.03","5.02","5.07","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Warner Bros. Discovery closes merger with AT&T's WarnerMedia; $28.9B special cash payment","bullets":["Each Spinco share converted into 0.241917 shares of WBD common stock at merger close.","Spinco made $28.9B Special Cash Payment to AT&T, subject to post-closing adjustments.","$30B in Spinco notes issued across 11 tranches; $10B term loan borrowed to help fund payment.","DCL revolving credit line increased by $3.5B to $6.0B; ~$1.6B of existing WarnerMedia debt assumed.","Company renamed to Warner Bros. 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