Atampt Says Selling Directv Turner Would Destroy Value Of Time Warner Merger

Atampt Says Selling Directv Turner Would Destroy Value Of Time Warner Merger

WASHINGTON - AT&T told a federal judge late Thursday it should reject any request by the U.S. Justice Department to force it to divest its DirecTV un

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WASHINGTON – AT&T told a federal judge late Thursday it should reject any request by the U.S. Justice Department to force it to divest its DirecTV unit or Turner networks as part of approving its proposed $85.4 billion acquisition of Time Warner Inc.

The publication of the closing briefs from both sides brings to end the trial over a deal which took on broader political significance immediately after it was announced in October 2016.

President Donald Trump, a frequent critic of Time Warner’s CNN network, attacked the deal on the campaign trail last year, vowing that as president the Justice Department would block it.

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