AT&T is preparing for a court battle if the Justice Department tries to prevent the $85.4 billion deal. Photo: ReutersWashington: President Donald Trump indicated the Justice Department may try to block AT&T Inc.’s proposed purchase of CNN owner Time Warner Inc., saying “it will probably end up being maybe litigation.”AT&T is preparing for a court battle if the Justice Department tries to prevent the $85.4 billion deal. “We’ll see how that -- it will probably end up being maybe litigation, maybe not. AT&T discussed the Time Warner deal on Monday with Makan Delrahim, the Department of Justice’s antitrust chief, AT&T chief executive officer Randall Stephenson said Thursday. Trump was asked if he wants AT&T to sell CNN.

Source: Mint November 11, 2017 17:26 UTC