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Thread: DOJ demands CNN to be sold

  1. #1
    INGSOC GURPS's Avatar
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    DOJ demands CNN to be sold

    Time-Warner stock down after DOJ demands CNN to be sold as condition for AT&T deal

    • Time Warner shares are down after the DOJ demanded that CNN's parent company be sold as a condition for the AT&T merger.
    • Earlier, AT&T's Chief Financial Officer John Stephens the $85 billion deal was "now uncertain.




    DOJ demands AT&T sell CNN for Time Warner acquisition approval, FT reports
    51 Mins Ago | 04:16

    Time Warner shares were down 6 percent Wednesday after the Justice Department demanded that CNN's parent be sold before a merger with AT&T can be approved.

    CNBC confirmed the Justice Department's demand that Turner Broadcasting or DirecTV be sold before approval of the $85 billion merger.

    AT&T's stock price was up slightly.

    Earlier Wednesday, AT&T's chief financial officer John Stephens said the timing of the deal was "now uncertain."

    President Donald Trump has repeatedly criticized CNN as fake news in the past year.
    Weíre tempted to suggest a conspiracy here ó but itís just liberals agreeing yet again that conservatives have hidden, evil motives, because modern liberals simply canít conceive of any other reason to disagree with the liberal consensus.

  2. #2
    Main Streeter awpitt's Avatar
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    Quote Originally Posted by GURPS View Post
    Time-Warner stock down after DOJ demands CNN to be sold as condition for AT&T deal

    • Time Warner shares are down after the DOJ demanded that CNN's parent company be sold as a condition for the AT&T merger.
    • Earlier, AT&T's Chief Financial Officer John Stephens the $85 billion deal was "now uncertain.




    DOJ demands AT&T sell CNN for Time Warner acquisition approval, FT reports
    51 Mins Ago | 04:16

    Time Warner shares were down 6 percent Wednesday after the Justice Department demanded that CNN's parent be sold before a merger with AT&T can be approved.

    CNBC confirmed the Justice Department's demand that Turner Broadcasting or DirecTV be sold before approval of the $85 billion merger.

    AT&T's stock price was up slightly.

    Earlier Wednesday, AT&T's chief financial officer John Stephens said the timing of the deal was "now uncertain."

    President Donald Trump has repeatedly criticized CNN as fake news in the past year.
    Actually, your post title is misleading......

    The DoJ demand is that AT&T either sell CNN and parent company -OR- sell DirecTV.
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  3. #3
    INGSOC GURPS's Avatar
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    Quote Originally Posted by awpitt View Post
    Actually, your post title is misleading......


    Alright Midnight it is NOT MY Title .... email the CNBC Editor and bitch to him
    Weíre tempted to suggest a conspiracy here ó but itís just liberals agreeing yet again that conservatives have hidden, evil motives, because modern liberals simply canít conceive of any other reason to disagree with the liberal consensus.

  4. #4
    Main Streeter awpitt's Avatar
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    Quote Originally Posted by GURPS View Post
    Alright Midnight it is NOT MY Title .... email the CNBC Editor and bitch to him

    You're the one who posted it. You should fact check prior to posting.
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    .

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  5. #5
    INGSOC GURPS's Avatar
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    Quote Originally Posted by awpitt View Post
    You're the one who posted it. You should fact check prior to posting.
    Name:  finger.jpg
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    Weíre tempted to suggest a conspiracy here ó but itís just liberals agreeing yet again that conservatives have hidden, evil motives, because modern liberals simply canít conceive of any other reason to disagree with the liberal consensus.

  6. #6
    So the President who claims to be committed to cutting out regulation, red tape, and other government interference in markets now wants to dictate what a company does with its assets which it already purchased and owns?

    Does one cable outlet really tip the scales from competitive to anti-competitive to the point where anti-trust laws are an issue?

    While it might be hard to make the case that this is a personally motivated decision by the President, itís not hard to make the case that itís a foolish one.

  7. #7
    INGSOC GURPS's Avatar
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    Quote Originally Posted by Starman View Post

    Does one cable outlet really tip the scales from competitive to anti-competitive to the point where anti-trust laws are an issue?




    Apparently ..... [I doubt Don is involved ... but if he is great Fork CNN and the Progressive Media]
    Weíre tempted to suggest a conspiracy here ó but itís just liberals agreeing yet again that conservatives have hidden, evil motives, because modern liberals simply canít conceive of any other reason to disagree with the liberal consensus.

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