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DOJ Files Lawsuit to Block AT&T-Time Warner Deal (UPDATED)

The Department of Justice is filing suit today to block the merger of AT&T and Time Warner, per multiple reports:

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:

UPDATE –– 5:31 pm ET: The DOJ has filed the suit:

[image via screengrab]

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Josh Feldman is a Senior Editor at Mediaite. Email him here: [email protected] Follow him on Twitter: @feldmaniac