AT&T reportedly looking to sell CNN after 'hit' from 'hating Trump': Gasparino

AT&T is reportedly $150 billion in debt

https://www.foxnews.com/media/cnn-att-trump-ratings-buy-debt-charlie-
gasparino

AT&T is reportedly looking at selling CNN to pay its massive debt, but the 
cable news company may have hit its peak "hating Trump," Fox Business 
Network senior correspondent Charlie Gasparino argued Friday.

"CNN does not have Donald Trump to kick around anymore and their ratings 
will take a hit," he told "Tucker Carlson Tonight," given the current 
projected presidential election results.

IS JEFF BEZOS INTERESTED IN BUYING CNN?

He reports that AT&T is "financially unstable" with $150 billion in debt.

"They need to cut costs. There's an active investor out there," Gasparino 
said.

CNN'S JEFFREY TOOBIN FIRED BY NEW YORKER MAGAZINE FOLLOWING ZOOM CALL 
MASTURBATION INCIDENT

Despite the low odds of any deal in the immediate future, a sale of CNN to 
billionaire Jeff Bezos would make sense from both sides, media investment 
bankers tell FOX Business.

"I'm not a CNN hater. They have a lot of good journalists there," 
Gasparino said. 

"This rumor is real," he said. "AT&T is a screwed up company and ... CNN 
like a lot of media companies, it may have hit its peak, hating Trump."

Caleb Parke is an associate editor for FoxNews.com. You can follow him on 
Twitter @calebparke


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