U.S. demands CNN or DirecTV sale to approve AT&T/Time Warner deal - sources

U.S. demands CNN or DirecTV sale to approve AT&T/Time Warner deal - sourcesNEW YORK/WASHINGTON (Reuters) - U.S. antitrust regulators want AT&T Inc to sell either the parent company of CNN or its DirecTV satellite television unit before they will allow the wireless carrier to buy media company Time Warner Inc, sources told Reuters on Wednesday. The unexpected move by the U.S. Department of Justice casts fresh doubt on the $85.4 billion deal that was announced in October 2016. Shares of Time Warner closed down 6.5 percent at $88.54.




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