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Fly News Breaks for October 24, 2016
T
Oct 24, 2016 | 08:26 EDT
As previously reported, Drexel Hamilton downgraded AT&T (T) to Hold from Buy. Analyst Barrie Sine believes the acquisition of Time Warner (TWX) will be a distraction in 2017, dilutive to 2018, and offers few if any financial or strategic synergies once regulatory issues are factored in.
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