AT&T's dog of a deal

Published: Oct. 27, 2016, 4:59 p.m.

CEO Randall Stephenson's $85 billion offer for Time Warner lacks strategic rationale, has politicians of all stripes criticizing it - and has destroyed shareholder value while denying owners a vote. All it lacks so far is an activist shareholder demanding it be scrapped. See acast.com/privacy for privacy and opt-out information.