Nicolas Ortega
Was This $100 Billion Deal the Worst Merger Ever?
When AT&T’s bold megadeal to buy Time Warner was announced in October 2016, combining AT&T’s broadband and wireless networks with Time Warner content, many analysts and investors cheered. They loved the promise of cutting out the cable middleman and delivering entertainment directly to people’s TVs, laptops, and phones. With Hillary Clinton seemingly poised to be the next president, the regulatory landscape looked favorable.