AT&T ready to fight U.S. on Time Warner deal: CEO

by Ben Pena November 12, 2017, 0:27
AT&T ready to fight U.S. on Time Warner deal: CEO

The US Department of Justice, the country's antitrust regulator, is investigating the deal and has recommended that AT&T either sell its DirecTV unit or Time Warner's Turner Broadcasting unit, which includes CNN, according to reports this week. "That was made by a man who is actually a very respected person, a very, very respected person". In a separate statement, DOJ's new antitrust chief, Makan Delrahim, said he has "never been instructed by the White House on this or any other transaction under review by the antitrust division". The Justice Department, which is reviewing the $85.4 billion deal, recently presented the options to the companies, the source added, confirming reports from U.S. media and the Financial Times. He said during the campaign that he would block the merger, citing the concentration of media.

AT&T CEO Randall Stephenson has denied that his company would ever sell CNN, while Vanity Fair reported some in media are speculating Murdoch has been quietly urging Trump to tank the merger in revenge for Time Warner declining an $80 billion buyout offer in 2014.

"We're prepared to litigate now", Stephenson said at a conference this week hosted by the New York Times.

Jared Kushner Turns Over Documents to Special Counsel Robert Mueller
Many days begin with a "general conversation" about it before they start other business, "but it is very distracting for him". Thanksgiving could be pretty tense at whatever Trump golf resort the first family chooses to celebrate the upcoming holiday.

"I do feel you should have as many news outlets as you can - especially since so many are fake", Trump continued, according to a pool report. "Throughout this process, I have never offered to sell CNN and have no intention of doing so", he said.

In an email provided by a DOJ spokeswoman, White House spokesman Raj Shah said that Trump "did not speak with the attorney general about this matter", and that "no White House official was authorized to speak with the Department of Justice on this matter". The Justice official said no decision on the deal has been reached yet and that conversations continue. He added that AT&T was also not willing to sell HBO or Warner Bros., which would also come along with Time Warner if the deal goes through.


TOP News

TJ Dillashaw on Cody Garbrandt: 'He Doesn't Deserve a Rematch'
Towards the end of the round now and Garbrandt lands a bombing right hand that floors Dillashaw, but the bell saves him. Listen, you can't be in a position where you're like "I want $2 million, f*ck you, I don't care what you make".

Mueller Investigation Has Enough Evidence to Charge Michael Flynn - Media Report
It's not clear if the request came from the State Department, as is normal, or from Flynn. Flynn's op-ed seemed out of place amid his work with Trump's campaign.

Facebook Reports $10.3 Billion in Revenues
Zuckerberg outlined investment priorities that included video content, which he described as the biggest trend at Facebook . Facebook says that 10,000 people work on safety and security today, and it will double those teams by the end of next year.

Kevin Spacey Sexual Harassment Allegations Suspends 'House of Cards' Production
The family lawyer also told reporters Wednesday that his client had spoken to Nantucket police, who were investigating. Her son is represented by Mitchell Garabedian , an attorney best known for representing clergy sex abuse victims.

'I' on iPhone Keyboard Doesn't Work Right Now, Customers Complain
After that, you are required to type an upper-case "I" character for the phrase and a lower-case "i" character for the shortcut . Many users have reported to Apple support on Twitter , one user says, "After upgrading to iOS 11.1 my battery drains very fast".

3 killed, 10 injured in stampede in E
As per the reports, the police is trying to clear the incident and also investigating the ascertain cause behind the stampede. Three people were killed and 10 injured in a stampede that broke out in Bihar's Begusarai district, ANI reported today.

Patel faces calls to quit after meeting Israel PM on 'holiday'
The Telegraph also reported that Patel had suggested to Netanyahu that the United Kingdom should give aid to the Israeli army. However, when reports of the meetings had first surfaced, Patel told the Guardian "Boris knew about the visit".

Louis CK Exposed - FIVE Women Come Forward With Accusations Of Sexual Misconduct!
He also "pulled out" (sorry, that was tasteless) of a late show interview last minute, being replaced by William H. That's all it is". "I'm not going to answer to that stuff, because they're rumors", C.K. initially told the paper.

277mph Koenigsegg Agera RS is the new fastest vehicle in the world
It managed the feat in 37.28 seconds, 26.88 seconds of which were used to reach the top speed of 400 km/h (249 mph). For those out of the loop, the Koenigsegg Agera RS is a twin-turbocharged 5.0-liter V8-powered Swedish hypercar.

Former CEO of Yahoo testifies before Congress
The company's website received 420 million visits , but only 30 million people have actually used it. Yahoo required users to change passwords and took new steps to make data more secure, Mayer said.