From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history

FILE PHOTO: The Warner Bros logo is seen during the Cannes Lions International Festival of Creativity in Cannes, France, June 22, 2022. REUTERS/Eric Gaillard/ File Photo

(Reuters) -Warner Bros Discovery, home to HBO and CNN, said on Monday it would split into two companies, the latest twist in its decades-long history of high-stakes mergers and breakups.

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