No one wants AT&T and Time Warner to merge.

Even Time Warner’s CEO once cautioned us against these arrangements. The $85 billion media merger — the greatest since Time Warner’s past and fizzled marriage, with AOL in 2000 — has cocked eyebrows over the political range and in the business. AT&T could indicate the marriage of Comcast and NBCUniversal to contend, “Why not us?” Regulators and customers could indicate the same and contend, “Never again.”

You had a lot of people saying you should’ve combined a donkey with a rabbit and gotten a flying unicorn.

Time Warner CEO Jeffrey Bewkes, sometime in the distant past, about the AOL bargain he restricted and his suspicion of corporate realm building.

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