AT&T may need to jettison CNN to close Time Warner deal
https://www.cnet.com/news/at-t-may-need-to-jettison-cnn-to-close-time-warner-deal/
AT&T's $85.4 billion acquisition of Time Warner has hit a snag.
To close the deal, the US Justice Department is demanding that the Dallas-based telecommunications giant sell Turner Broadcasting, which includes CNN, according to the Financial Times (account required), which cited unnamed sources. The New York Times reported that AT&T could also win approval if it sold its DirecTV unit, which it just acquired in 2015.
AT&T may need to jettison CNN to close Time Warner deal
Nov 8, 2017, 8:24pm UTC
https://www.cnet.com/news/at-t-may-need-to-jettison-cnn-to-close-time-warner-deal/
>AT&T's $85.4 billion acquisition of Time Warner has hit a snag.
>To close the deal, the US Justice Department is demanding that the Dallas-based telecommunications giant sell Turner Broadcasting, which includes CNN, according to the Financial Times (account required), which cited unnamed sources. The New York Times reported that AT&T could also win approval if it sold its DirecTV unit, which it just acquired in 2015.