Strategas Research analyst Dan Clifton says AT&T appears to have failed in its lobbying efforts for its Time Warner deal, and if other deals fail, it could be for the same reason.
Clifton, head of Strategas policy research, has set up a proprietary system to evaluate lobbying efforts by companies involved in mergers.
“The AT&T-Time Warner merger failed to meet the lobbying threshold where deals seem to get approved,” he notes, adding the situation was “further complicated by the politics surrounding CNN and the growing antitrust pessimism building on the right and left.”
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