Time Warner shares declined 2.9 percent in Wednesday’s premarket session after AT&T’s chief financial officer said the timing of its merger deal close with the company is “now uncertain,” according to a Dow Jones report.
The AT&T executive is speaking at the Wells Fargo Investor conference. The company previously guided for the deal to close by the end of 2017.
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Source: Tech CNBC
AT&T CFO says timing of Time Warner deal closing 'now uncertain': DJ