Trump's Revenge: DOJ Demands CNN Sale To Approve AT&T Deal; CEO Denies Offering Sale [zero hedge]
AT&T Inc. (T)
Last at&t inc. earnings: 4/22 06:54 am
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Source: zero hedge
Update 2: The plot thickens. As The Hill reports, AT&T and Time Warner offered to divest CNN, however the DOJ Antitrust Division flatly rejected the proposal, Justice Department sources said. But AT&T CEO Randall Stephenson said in a statement Wednesday afternoon that he was not entertaining the idea of selling CNN from the combined company:“Until now, we’ve never commented on our discussions with the DOJ," Stephenson said. "But given DOJ’s statement this afternoon, it’s important to set the record straight. Throughout this process, I have never offered to sell CNN and have no intention of doing so.”NEW: The Justice Dept claims that AT&T privately offered to sell CNN. AT&T CEO Randall Stephenson DENIES that: "Throughout this process, I have never offered to sell CNN and have no intention of doing so."— Brian Stelter (@brianstelter) November 8, 2017Earlier Bloomberg also reported that AT&T offered to sell CNN (which was rejected by the government), while another person said the Justice
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News
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T
Earnings
- 1/24/24 - Miss
T
Sec Filings
- 4/16/24 - Form PX14A6G
- 4/8/24 - Form DEFA14A
- 4/4/24 - Form ARS
- T's page on the SEC website