Thursday, November 9, 2017

Monopoly?

AT&T CEO says he has no intention of selling CNN after DOJ demands sale as condition for Time Warner deal



  • Sources tell CNBC the Justice Department is demanding that AT&T sell Turner Broadcasting, which includes CNN, or sell DirecTV, for approval of the $85 billion merger with Time Warner.
  • AT&T chairman and CEO Randall Stephenson said in a statement he has never offered to sell CNN, nor does he have any intention of doing so.
  • President Trump has repeatedly criticized CNN as fake news on his social media Twitter account in the past year.
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