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
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
AT&T defeats U.S. appeal to kill its Time Warner dealAT&T beat back another effort by the U.S. government to undo its purchase of Time Warner, cementing an $85-billion deal to help it compete with Netflix.
Read more »
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.
Read more »
Breakingviews TV: Pension planWatch: Brazil’s President Jair Bolsonaro has proposed cutting $270 bln from retirement spending over a decade to fix the finances of Latin America’s biggest economy. martinlangfield explains it’s a good start, even if lawmakers water his proposal down.
Read more »
Breakingviews TV: Health shockCVS Health knocked $7 bln off its market value with a profit warning less than three months after buying Aetna. Rob Cyran says the deal should eventually help the company cut costs and grow, but reduced pricing power in U.S. healthcare is inflicting...
Read more »