Sunday, January 15, 2017

AT&T Could Spin Off CNN To Get Time Warner Deal OK


By Investors Business Daily, Jan.12, 2017

To get President-elect Trump's blessing to buy Time Warner, might AT&T agree to spin off CNN? (Jonathan Weiss/Shutterstock)

AT&T (T) could spin off cable news channel CNN as part of concessions to get Trump administration approval of its Time Warner (TWX) acquisition, speculates a Wells Fargo analyst.

AT&T, through a spokesman, declined to comment on any possible CNN spinoff.

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