The U.S. Department of Justice may block Time Warner’s sale to AT&T if it doesn’t sell CNN first, according to a report from the Financial Times. The $85.4 billion deal was proposed last year, just weeks before the U.S. presidential election.
After Donald Trump was elected, some wondered if his disdain for the cable news channel would somehow thwart the deal. The FT is now reporting that this may actually happen.
The report says that AT&T is opposed to selling CNN and plans to fight this in court.
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