The Department of Justice is filing suit today to block the merger of AT&T and Time Warner, per multiple reports:
NEW: Justice Department is expected to sue to block AT&T from buying Time Warner, @PaulaReidCBS reports; announcement to come later Monday.
— CBS News (@CBSNews) November 20, 2017
U.S. to sue to stop AT&T from buying Time Warner: source https://t.co/ctF5QTlW9K
— Reuters Top News (@Reuters) November 20, 2017
URGENT: The Justice Department is set to file a lawsuit to block AT&T’s takeover of Time Warner, the parent company of CNN, a source familiar with the matter says. I'm joining @BrookeBCNN on CNN now…
— Brian Stelter (@brianstelter) November 20, 2017
The Justice Department is set to file a lawsuit today challenging the AT&T-Time Warner deal https://t.co/BoKQFKMLsl
— The Wall Street Journal (@WSJ) November 20, 2017
There were reports recently that the DOJ has been saying Time Warner needs to sell CNN before the merger can be approved. The CEO of AT&T subsequently said in a statement, “Throughout this process, I have never offered to sell CNN and have no intention of doing so.”
UPDATE –– 4:38 pm ET: AT&T has put out this statement:
Full AT&T statement: pic.twitter.com/DEBYoUqYgs
— Peter Kafka (@pkafka) November 20, 2017
UPDATE –– 5:31 pm ET: The DOJ has filed the suit:
MORE: DOJ announces legal challenge to AT&T's acquisition of Time Warner. https://t.co/4MiOnk1MMC pic.twitter.com/Oym0ASbHXC
— ABC News (@ABC) November 20, 2017
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