You are here: Home » Reuters » News
Business Standard

U.S., AT&T at odds over CNN in Time Warner deal

Reuters  |  NEW YORK/WASHINGTON 

By Jessica Toonkel and David ShepardsonNEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc's CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of Justice has demanded significant asset sales in order to approve the $85.4 billion deal, sources told Reuters on Wednesday, and asked AT&T to sell CNN-parent Turner Broadcasting or its DirecTV satellite TV operation in discussions on Monday. AT&T offered to sell CNN, the sources ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Thu, November 09 2017. 09:27 IST
RECOMMENDED FOR YOU