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Correct : Telecoms Mixed as AT&T-Time Warner Deal Hits Snag - Telecoms Roundup

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11/10/2017 | 12:52am CET

Shares of telecommunications companies rose slightly after a major deal appeared to hit a snag. Time Warner shares dropped after the Justice Department told AT&T that it would have to agree to sell either the unit that produces CNN or its DirecTV business before the U.S. would approve a merger with Time Warner, according to media reports.

"DOJ Blocks AT&T, Time Warner Deal - Telecoms Roundup," published at 4:26 p.m. ET, incorrectly stated in the headline and first sentence that the Justice Department had blocked the AT&T-Time Warner deal.

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