AT&T's Michael Cohen payment underscores the importance of the Time Warner acquisition verdict

AT&T's Michael Cohen payment underscores the importance of the Time Warner acquisition verdict

6 years ago
Anonymous $CLwNLde341

https://www.cnbc.com/2018/05/11/att-michael-cohen-payment-underscores-time-warner-importance.html

There's a likely reason AT&T paid Donald Trump's lawyer Michael Cohen $600,000: it wanted its deal for Time Warner to pass regulatory approval.

In hindsight, AT&T didn't spend its money well. Not only is Cohen under federal investigation for his business practices, but the Trump administration's Department of Justice sued to block the $85 billion acquisition.

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