The Trump administration is filing a lawsuit to block AT&T's purchase of a Time Warner, an $85 billion deal. Time Warner is the parent company of CNN, a frequent target of President Trump's ire at the media.
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AT&T CEO Randall Stephenson (left) and Time Warner CEO Jeff Bewkes are sworn in Wednesday before testifying at a Senate committee hearing on the proposed merger of their companies.
Donald Trump enters the debate hall during the Republican presidential debate co-sponsored by CNN in Coral Gables, Fla., in March. CNN is expected to see $100 million in extra revenues this year, thanks largely to its coverage of Trump.
AT&T wants to buy Time Warner for $85.4 billion, highlighting that the two giants don't compete. But the scope of the deal is already drawing criticism from lawmakers and presidential candidates.
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Time Warner is heading for another merger — this time with AT&T, in a deal that was announced Saturday. Here, the company's headquarters at New York City's Columbus Circle.
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Georgia Gov. Nathan Deal speaks during a press conference Monday in Atlanta to announce his rejection of a controversial "religious liberty" bill. He said: "I have examined the protections that this bill proposes to provide to the faith-based community and I can find no examples of any of those circumstances occurring in our state."