AT&T will purchase Time Warner for over $ 80 billion , the Wall Street JournalreportsSaturday good afternoon . “ harmonise to people familiar with the plans , ” the two company will likely announce this as soon as Saturday dark . AT&T will reportedly ante up between $ 105 and $ 110 a share for Time Warner . According to another anon. source , the sight is half - cash , half - stock .
This would be the big media merger since Comcast corrupt NBCUniversal , a merger that “ regulators have indicate misgivings ” about , so it ’s unclear whether they will tolerate another deal of this magnitude . Massive companies merging is unremarkably bad for consumers , as it pass on mega - corporations tremendous control condition of the market . In 2015,AT&T acquired DIRECTV , which the FCC get happen only after the companies agreed to specific terms and conditions .
One of the United States ’ biggest wireless , net and TV armed service provider merges with one of our biggest media conglomerates . What could maybe be bad about that ?
[ Wall Street Journal ]
AT&Tcorporations
Daily Newsletter
Get the secure tech , science , and culture news in your inbox daily .
News from the time to come , deliver to your present .
You May Also Like
