Breakingviews TV: AT&T calling

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Watch: AT&T's $85 billion purchase of Time Warner was upheld by an appeals court, but now management is tasked with persuading shareholders the combination will be valuable, jennifersaba explains.

The U.S. telco’s $85 billion purchase of Time Warner was upheld by an appeals court – a relief for boss Randall Stephenson. With AT&T shares down since the 2016 deal announcement, though, his task now is to persuade his shareholders the combination will be valuable.The U.S.

telco’s $85 billion purchase of Time Warner was upheld by an appeals court – a relief for boss Randall Stephenson. With AT&T shares down since the 2016 deal announcement, though, his task now is to persuade his shareholders the combination will be valuable.https://reut.rs/2Exwnlg

 

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Breakingviews Time Warner promoted on the back of serious fraud at Freuds..2001 onwards...

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Now AT&T has to make its business caseThe U.S. telco won its legal battle, with an appeals court upholding the legality of the firm’s $85 bln acquisition of Time Warner. Clearing that hurdle is a relief for boss Randall Stephenson. Next up is persuading investors the deal and the huge related debt load make sense.
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