Is Trump Blocking A Major Merger Because Of His Cnn Vendetta?

(Credit: AP/Evan Vucci) UPDATE 11/20: CNN’s Brian Stelter and several others are reporting that the Justice Department will file a lawsuit to block AT&T’s takeover of Time Warner. Did President Donald Trump torpedo AT&T’s purchase of Time Warner as part of an ongoing feud with Time Warner subsidiary CNN? At this point, it almost doesn’t matter. The fact that the question can be raised shows that the damage to the press and to the political system has already been done. Announced just over a year ago, the $85.4 billion deal would create a media and telecommunications goliath, marrying Time Warner’s film and television studio and popular cable TV offerings including HBO to AT&T’s massive holdings in satellite television, telephone, cellular, and broadband.

BING NEWS:
  • Trump steps into Disney-Fox fray
    One big difference between the two is that Time Warner owns a cable news network that Trump believes is too critical (CNN ... Another major difference between the two transactions is that Disney/Fox is largely being viewed as a "horizontal" merger ...
    12/15/2017 - 6:40 am | View Link
  • Trump’s Justice Department sues to prevent Time Warner-AT&T merger
    According to the Financial Times, the Trump administration is blocking the merger to pressure the sale of CNN ... but outside of the U.S., CNN International is still a major source of (Fake) news, and they represent our Nation to the WORLD very poorly.
    11/26/2017 - 4:23 pm | View Link
  • AT&T-Time Warner Merger: Telco Shares Dip; Donald Trump Says Deal “Not Good For The Country”
    President Donald Trump, whose constant attacks on CNN have prompted speculation that he is orchestrating the eleventh-hour objections to the deal by the DOJ, told reporters at the White House this afternoon he opposed the merger. “I always felt that was ...
    11/21/2017 - 12:32 am | View Link
  • Trump administration challenges AT&T-Time Warner merger
    “This merger would ... the accord are the CNN and TNT cable television stations, entertainment channels like HBO and Warner Bros. studios, as well as the rebroadcasting rights for the National Basketball League and baseball’s Major Leagues.
    11/20/2017 - 8:00 pm | View Link
  • Trump administration challenges AT&T-Time Warner merger
    "This merger ... blocking the entire transaction." Valued at about $108 billion, the agreement between the two companies would have been one of the largest mergers in US history. Among the various products that would have been subsumed under the accord are ...
    11/20/2017 - 4:23 pm | View Link
  • More
BING SEARCH:
  • CNN parent’s $85B deal at little risk from Trump
    Technology. CNN parent’s $85B deal at little risk from Trump. White House aides may have talked about using AT&T's proposed purchase of Time Warner to influence the ...
    12/10/2017 - 1:13 am | View Website
  • CNN.com
    Return to Transcripts main page. QUEST MEANS BUSINESS. Note: This page is continually updated as new transcripts become available. If you cannot find a specific ...
    12/8/2017 - 9:32 pm | View Website
  • Amid Trump Attacks And Snubs, Zucker's CNN Reclaims ...
    In an interview posted earlier this week, Breitbart News asked Trump about the AT&T/Time Warner merger and CNN's "pretty bad behavior." Trump replied that ...
    12/7/2017 - 8:58 pm | View Website
  • Trump Administration sues to block AT&T/Time Warner merger ...
    Trump is right to demand that AT&T sell CNN after a merger, but he should go further and block the merger
    11/13/2017 - 5:16 pm | View Website
  • Why Blocking the AT&T-Time Warner Merger Might Be Right ...
    The Trump administration is correct in taking a hard look at the proposed takeover, which could discourage competition and hurt consumers.
    11/10/2017 - 10:45 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Politics News