Enlarge / ATT CEO Randall Stephenson speak onstage at The New York Times 2017 DealBook Conference on November 9, 2017 in New York City. (credit: Getty Images | Michael Cohen)
ATT CEO Randall Stephenson today said his company is ready to fight the Trump administration in court in order to complete its $85.4 billion purchase of Time Warner Inc.
The Department of Justice is reviewing ATT’s proposed acquisition of Time Warner and could file an antitrust lawsuit to block the deal or to force ATT to make concessions. Reports yesterday indicated that the DOJ is asking ATT and Time Warner to sell off either CNN or DirecTV in order to win government approval of their merger (Time Warner owns CNN and ATT owns DirecTV).
Stephenson cast some doubt on those reports today, but he also said ATT is ready for a court battle.

ATT would still like to settle with the government if it can get a favorable deal, but the company will fight in court if the DOJ’s demands are too high.
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