empty
 
 

10.11.201600:11:00UTC+00Time Warner Shares Decline as Trump Win Clouds Outlook for AT&T Deal

Shares of Time Warner lost over 1.45% on Wednesday over worries that U.S. President-elect Donald Trump will follow through with his pledge to block a proposed $85 billion procurement by AT&T.

Time Warner's shares slid as low as $85.45, but rebounded and finished the session at $86.60, while AT&T shares closed 1% up at $36.43.

The Republican promised as part of his campaign in October to stop the telecom company's proposed merger with Time Warner, calling the acquisition an example of “power structure" that was designed to attack him and his supporters.

Speaking at a gathering in New York, AT&T top official John Stephens said his firm is eager to work with Trump and is hopeful that regulators would green-light the agreement.

Analysts said the election result signifies heightened risk not only for the AT&T-Time Warner deal, but for other mergers as well. Trump has not fully fleshed out majority of his policies during his campaign, including how his administration will deal with mega-mergers.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    PARTICIPE DO CONCURSO
  • Chancy Deposit
    Deposite US $ 3.000 em sua conta e receba $1000 mais!
    Em Junho nós sorteamos $1000 na campanha Chancy Deposit!
    Tenha a chance de ganhar, depositando $3,000 em sua conta de negociação. Após cumprir essa condição, você se torna um participante da campanha.
    PARTICIPE DO CONCURSO
  • Trade Wise, Win Device
    Abasteça a sua conta com pelo menos $500, inscreva-se no concurso e tenha a chance de ganhar dispositivos móveis.
    PARTICIPE DO CONCURSO
  • Bônus de 100%
    Sua oportunidade única de receber um bônus de 100% em seu depósito
    RECEBA O BÔNUS
  • Bônus de 55%
    Solicite um bônus de 55% em cada depósito
    RECEBA O BÔNUS
  • Bônus de 30%
    Receba um bônus de 30% toda vez que você fizer um depósito em sua conta
    RECEBA O BÔNUS


Não pode falar agora?
Faça sua pergunta no chat.
Widget callback