Thursday, March 29, 2018

US v. AT&T: “IT’S SO TRANSPARENTLY RIDICULOUS”: WALL STREET GROANS AS ITS M&A FUTURE HANGS ON TRUMP’S SHAM AT&T TRIAL

Here is a short exerpt:

At stake is not only AT&T’s still-pending $85 billion acquisition of Time Warner but also, as many on Wall Street see it, the future of the M&A business itself. This is serious, since there is no higher margin business in finance. “The concept that AT&T is going to use its distribution to, in any way, favor its own content, which itself needs to be on every other distribution channel, is preposterous,” says one veteran M&A banker.

Published by Vanity Fair.

Link: https://www.vanityfair.com/news/2018/03/wall-street-trump-sham-atandt-trial

Note: I hope AT&T wins bigly.



Submitted March 29, 2018 at 06:40PM by snack-fu-bling https://ift.tt/2IhjdYx

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