TimeWarner

  • Federal judge rules on AT&T purchasing Time Warner

    When Makan Delrahim—head of the U.S. Department of Justice’s Antitrust Division—filed a federal lawsuit in November to prevent AT&T’s $85 billion purchase of Time Warner, questions arose as to whether the former White House counsel was unduly influenced by Donald Trump’s seemingly personal vendetta against CNN, a company owned...
  • AT&T Says It “Demolished” Justice Department at Time Warner Merger Trial

    The trial is over. And the decision is coming. As U.S. District Court Judge Richard Leon prepares to shake up the media industry with his much-anticipated decision in the Justice Department’s lawsuit to block the merger between AT&T and Time Warner, both sides have submitted post-trial briefs. The defendants,...
  • Justice Department moves to block the merger of AT&T – Time Warner

    The case is now on course to explore any possible White House interference as prosecutors insist the mega-merger is not good for competition. The U.S. government is formally contesting AT&T’s proposed $85 billion deal to acquire Time Warner. On Monday, the Justice Department filed a complaint in D.C. federal...
  • Time Warner Shares Dropping as Wall Street Worries About Merger

    A swoon has left Time Warner with a market cap of $68.1 billion, well below the $85.4 billion AT&T agreed to pay for the media-entertainment conglomerate. Wall Street apparently has its doubts about AT&T closing its acquisition of Time Warner, shares of which have fallen 15 percent in less...
  • Trump Says AT&T Deal for Time Warner May End Up in Court

    • Comment from president could indicate attempt to block deal • Trump asked about $85 billion merger during trip to Asia President Donald Trump indicated the Justice Department may try to block AT&T Inc.’s proposed purchase of CNN owner Time Warner Inc., saying “it will probably end up being...
  • AT&T will not sell CNN

    AT&T will not sell CNN and it doesn’t intend to sell key assets, either, to satisfy the Justice Department’s demand for closing its $85 billion merger with Time Warner, AT&T Chief Executive Randall Stephenson said Thursday. The Justice Department and AT&T are in the midst of a war of...
  • Will the merger of AT&T and Time Warner go thru ???

    The chief financial officer of AT&T told an investor conference on Wednesday that the timing of closure of its massive acquisition of Time Warner is “now uncertain” as the Justice Department scrutinizes the transaction. “The timing of the closing of the deal is now uncertain,” John Stephens, senior executive vice president and CFO of AT&T,...