AT&T Michael Cohen payment underscores Time Warner importance

Finance


AT&T’s future — and the future of AT&T’s peers and competitors — depends on whether the megadeal goes through. AT&T challenged the government’s decision in court, and a verdict in the trial, which has now ended, will be announced June 12.

Most antitrust experts initially expected AT&T’s deal with Time Warner to be approved by a Trump administration. But during the 2016 presidential campaign, then-candidate Trump said he would block the deal. Still, Department of Justice regulators are supposed to make decisions independently from the president.

“AT&T hired several consultants to help us understand how the President and his administration might approach a wide range of policy issues important to the company, including regulatory reform at the FCC, tax reform, and antitrust enforcement, specifically our Time Warner deal,” the company said in the memo.

Watch the video above to find out what’s at stake as the acquisition hangs in the balance.



Source link

Products You May Like

Articles You May Like

Why ghosting a potential employer is a big mistake
Claiming Social Security early might not lead to regrets 
Trump applauds Harley Davidson boycott, says it’s a ‘really bad move’
Blood test may identify risk of women developing gestational diabetes
What a trade war means for your marijuana 

Leave a Reply

Your email address will not be published. Required fields are marked *