Posted by Bloomberg
AT&T to the DOJ: See You in Court
By Tara Lachapelle
The Justice Department is taking a harder line than expected on AT&T’s planned merger with Time Warner, reportedly asking the companies to either sell Turner Broadcasting — home to President Donald Trump’s favorite nemesis, CNN — or divest DirecTV in order to complete the $109 billion transaction.Whether or not politics are playing a part in any of this, either option isn’t much of a choice for AT&T, and so the wireless giant should take its chances in court.
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