【Watch Human Capital Online】
AT&T and Watch Human Capital OnlineTime Warner have reportedly agreed to merge in a deal that would make them one of the biggest media distribution and production conglomerates in the world. But under a Trump administration, that deal might not fly.
"As an example of the power structure I'm fighting, AT&T is buying Time Warner and thus CNN, a deal we will not approve in my administration because it's too much concentration of power in the hands of too few," Republican presidential candidate Donald Trump said during a rally Saturday.
Time Warner owns HBO and the Turner Broadcasting System, which includes CNNand a host of other channels. (Turner made an investment in Mashable this year.)
You May Also Like
SEE ALSO: Animated 3D series 'Trumpocalypse' imagines Donald Trump as president
The two companies reportedly agreed to AT&T's $80 billion acquisition of Time Warner on Saturday. An announcement is expected as soon as Saturday night.
The deal wouldn't close until late 2017, so a Trump administration could very well affect the acquisition's chances. Under any president, the deal will be highly scrutinized by regulators.
SEE ALSO: Mega merger alert: AT&T to pay $80 billion for Time WarnerAccording to CNN, Trump also said Saturday he would look into breaking up the 2011 merger of Comcast and NBCUniversal. That deal is the most recent to resemble AT&T's proposal.
The position is an unusual one for a Republican. Usually Democrats are the ones to rail against big-business mergers and acquisitions. President Barack Obama's administration approved Comcast's purchase of NBCUniversal.
This Tweet is currently unavailable. It might be loading or has been removed.
Search
Categories
Popular Posts
Renegade squirrel steals 150 Christmas lights
2025-06-27 07:37Amazon Big Spring Sale 2025: All the best Roomba deals
2025-06-27 06:27Popular Articles
Apple MacBook Air deal: $899 at Best Buy
2025-06-27 08:04'Westworld' could be even better than 'Lost' in Season 2
2025-06-27 07:18'The Last Guardian' is a half
2025-06-27 06:57Young Chinese Aussies say they face highest levels of discrimination
2025-06-27 05:58HDMI 2.2 set to be announced at CES 2025
2025-06-27 05:41Newsletter
Subscribe to our newsletter for the latest updates.
Comments (85984)
Exploration Information Network
Best free AI courses you can take online
2025-06-27 08:10Opportunity Information Network
'Westworld' could be even better than 'Lost' in Season 2
2025-06-27 08:09Opportunity Information Network
This time the results are clear: America thinks Trump tweets too much
2025-06-27 08:04Sky Information Network
Chrissy Treigen is the official celebrity holiday pun of 2016
2025-06-27 07:16Inspiration Information Network
Assassin's Creed Origins: How Heavy is It on Your CPU?
2025-06-27 06:52