Will Trump be able to Block AT&T-Time Warner Merger?

October 24, 2016

AT&T’s ambition to purchase Time Warner has been met with some resistance from no other than the Republican presidential candidate Donald Trump on the ground of antitrust law. For all information on this case, stick with Sentifi.

sentifi top attentions october 24

AT&T & Time Warner Inc.: Trump vows to block the $85.4 billion marriage between AT&T and Time Warner

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With the mission to stop the concentration of too much power in the hands of the too and powerful few, Donald Trump aims to block the mega-merger that would create a major media conglomerate that would combine millions of wireless and pay-television subscribers with a huge content offerings from the likes of HBO, Warner Bros. Pictures and DC Comics. Many other analysts have expressed the same concerns as Trump, including those in the Democratic party.

Rockwell Collins & B/E Aerospace Inc.: In advanced talks to purchase B/E Aerospace for $6.5 billion

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Two of the global aerospace industry’s biggest suppliers are looking into a unity that would address several issues for both companies. The deal would expand their portfolios and help them avoid a slowdown in aircraft production due to slowing economic conditions. It would also combine the forces of the two companies to take on the production boost from Airbus and Boeing as their backlog has reached more than 10,000 jets valued at more than $1.5 trillion.

TD Ameritrade: Inches toward a $2.7 billion deal for Scottrade’s brokerage operations

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The rest of Scottrade’s banking business will be acquired by TD Bank, who wons roughly 42 percent of TD Ameritrade, for about $1.3 billion. These deals are a solution to slowing volumes the industry has been experiencing.

Eurowings: Cabin crew union cancels strikes planned for Monday and Tuesday

That was because the management of the company has agreed to discuss the terms with the union. But the company has yet to be out of the red, as the outcome of the talks will decide whether or not there will be a strike on Wednesday.

Genworth Financial Inc.: To be acquired by China Oceanwide for $2.7 billion

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Genworth will become a subsidiary of China Oceanwide, which is a privately held, family-owned international financial holding company. That means Genworth, currently a Fortune 500 company, will cease to be a publicly traded company.

Heathrow Airport: The case for expansion is overwhelming

The government will decide on Tuesday which expansion scheme for Heathrow to back. Gatwick will be next, and Birmingham could be next as well. But the process to build the next runways will not be a catwalk as legal challenge poses a threat to the possibility, and could possibly block the expansion.

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