AT&T CEO Randall Stephenson isn’t changing his methodology with Time Warner after news that the U.S. government intends to offer endorsement of the telecom mammoth’s $85.4 billion merger with the media organization.
“This progressions nothing we’ll be doing throughout the following 30 days or the following a year. We’re tied in with executing our arrangement. We think the probability of this thing being switched and upset is extremely remote. It’s an exceptionally restricted way that would need to be made a trip to get this thing turned around in any capacity,” Stephenson disclosed to Julia Boorstin on Friday. “The merger is shut. We claim Time Warner.”
Stephenson took to wireless transmissions Friday morning, multi day after the Department of Justice declared it intended to offer a judge’s choice in June permitting the blockbuster merger with Time Warner.