Today AT&T announced that they are selling off WarnerMedia’s Central European Media Enterprises Ltd. (CEM) to a Czech investment firm called PPF Group N.V. (PPF) for $1.1 billion in cash. According to AT&T, they plan to use some of the $1.1 billion to pay off debts. AT&T will also receive a $575 million debt guarantee. AT&T […]

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