Trump expressed opposition to the merger during the campaign and his administration ultimately chose to fight it, with the Justice Department filing suit in November to block the agreement. The case has yet to be decided.
The Justice Department wants AT&T to divest Time Warner’s DirecTV unit or Turner networks as a condition of approving the acquisition. AT&T has argued that divestitures would destroy some of the consumer value of the merger.
The Justice Department wants AT&T to divest Time Warner’s DirecTV unit or Turner networks as a condition of approving the acquisition. AT&T has argued that divestitures would destroy some of the consumer value of the merger.