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The AT&T-Discovery Merger Doesn’t Happen Without This Master Deal Maker. Why More Deals Could Be Coming.
Media mogul John Malone likes to say “the store is always open,” meaning that everything he controls is for sale.
That contrasts with other powerful media figures like the Redstones at ViacomCBS, who have been intent on maintaining family control.
Malone’s flexibility helped Discovery (ticker: DISCA, DISCB, DISCK), in which Malone has a 26.5%…
