AT&T Lobbyists Go Into Overdrive to Quell Justice Department's Push-back

AT&T Inc.'s $108.7 billion bid for entertainment titan Time Warner Inc. is where few imagined it would end up — hurtling toward a make-or-break moment in Washington with a pro-business Republican administration that shows signs it may reject the deal.Dallas-based AT&T is fighting an increasingly public battle with Justice Department antitrust officials, who have questioned whether the combined company would wield too much power. After months of quiet talks with officials, chief executive Randall Stephenson last week vowed to investors that it won't sell the CNN unit that has drawn President Donald Trump's ire.Early Wednesday, the president said in a tweet that while he was in the Philippines he had been "forced to watch" CNN. Trump said he "again realized how bad, and FAKE, it is" and ended his tweet with "Loser!"  Continue reading...

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