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Goldman Wants Apple To Make A Play For Time Warner

REUTERS/Clodagh Kilcoyne

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Robert Donachie Capitol Hill and Health Care Reporter
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Goldman executives are trying to get Apple to make a play for Time Warner, in an attempt to undercut advances by AT&T.

AT&T made an $85 billion dollar offer to purchase Time Warner Cable Oct. 22.

Leadership at Goldman is reportedly upset at being excluded from the proposed AT&T/Time Warner merger, the Post reports.

Goldman is apparently increasing the number of new-hires in its mergers and acquisitions department.

Apple leadership say they are not opposed to acquisition of Time Warner, but are making no definitive moves.

In spite of grumblings from Goldman, the AT&T merger is not set in stone. The $85 billion dollar AT&T/Time Warner merger faces three major obstacles: federal antitrust regulators, a political class rallied by populist fury, and consumers who are generally dissatisfied with their cable providers — all obstacles not easy to overcome.

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