E
Coming together to fall apart.
This retrospective report from The New York Times has all the juicy details about how the merger between AT&T and Time Warner became one of the worst in history:
But for sheer strategic miscalculation and poor execution, AT&T’s management of Warner Media may have no rival in recent corporate history.
It’s a long, but fascinating read, featuring interviews with former Time Warner CEO Jeff Bewkes and former AT&T CEO Randall Stephenson.
Was This $100 Billion Deal the Worst Merger Ever?
[The New York Times]
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