CNET—The Justice Department is reportedly poised to block the deal, citing anti-trust concerns.
The DOJ sues to block AT&T’s Time Warner deal. On Monday, AT&T confirmed the U.S. Department of Justice’s decision to sue in order to block the company’s plans to purchase Time Warner for $85.4 billion. Earlier reports suggested that the DOJ would move against the deal if AT&T did not intend to sell CNN. CNN has a famously fraught relationship with the Trump administration, which has gone out of its way to attack the… Read More