WAPO: DE­TAILS EMERGE ON WHY AT&T PAID CO­HEN

Metro USA (New York) - - News -

5AT&T’s $600,000 deal with Pres­i­dent Don­ald Trump’s per­sonal at­tor­ney, Michael Co­hen, spec­i­fied that Co­hen would ad­vise the com­pany on its $85 bil­lion merger with Time Warner, the Wash­ing­ton Post re­ported on Thurs­day night, cit­ing com­pany doc­u­ments. Trump ex­pressed op­po­si­tion to the merger dur­ing the cam­paign and his ad­min­is­tra­tion ul­ti­mately chose to fight it, with the Jus­tice Depart­ment fil­ing suit in Novem­ber to block the agree­ment. The case has yet to be de­cided. The Jus­tice Depart­ment wants AT&T to di­vest Time Warner’s DirecTV unit or Turner net­works as a con­di­tion of ap­prov­ing the ac­qui­si­tion. AT&T has ar­gued that di­vesti­tures would de­stroy some of the con­sumer value of the merger. Michael Ave­natti, the at­tor­ney for porn star Stormy Daniels, re­vealed ear­lier this week that Co­hen had re­ceived pay­ments from a num­ber of com­pa­nies in 2017 and 2018, in­clud­ing AT&T, the Swiss drug­maker No­var­tis, Korea Aerospace In­dus­tries Ltd. and Colum­bus Nova LLC. Colum­bus Nova was listed in Novem­ber 2017 as part of a con­glom­er­ate con­trolled by Vik­tor Vek­sel­berg, a busi­ness­man with ties to Rus­sian Pres­i­dent Vladimir Putin.

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