WASHINGTON: The US Justice Department has suggested to AT&T Inc officials that they figure out how to get the benefits they’re seeking from their proposed merger with Time Warner Inc without being able to own CNN, TBS and other Turner channels, according to people familiar with the discussions.
Antitrust officials have suggested that AT&T explore alternatives such as selling Turner and then forming a joint venture with the newly separated company, said two people, who asked not be named because the conversations are private.