AT&T CEO Randall Stephenson says he is in "advanced stages of negotiations" with the Justice Department. And likewise I have never offered to sell CNN," Stephenson said. Stephenson defended the Time Warner deal and said AT&T is continuing to talk with the DOJ "to see if we can get to a negotiated settlement." The deal, often described as the biggest media merger of the decade, is undergoing a difficult DOJ review. When asked about concerns about Trump meddling in the deal review, Stephenson said "I have no reason to believe that."

Source: CNN November 09, 2017 16:50 UTC