The Wall Street Journal is reporting that AT&T has reached an agreement to purchase Time Warner, with a price north of $80 billion. Neither company has confirmed the report, although an announcement could arrive by tonight. The deal comes just as GOP nominee Donald Trump denounced it, saying at a rally today that the merger would be “too much concentration of power in the hands of too few.” Yesterday, Deadline noted a spike in Time Warner’s stock as news of the…

 

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