Welcome to Industry Focus, the podcast it dives into a different sector of the stock market every day.

It's Tuesday, November 21st, and I'm your host, Vincent Shen.

Joining me via Skype from West Palm Beach Florida is full dot com contributor Dan Klein.

Great to have you back Dan.

I wish I was there but I guess glad I'm here where it's 80 degrees today.

And not having to travel during this week as well.

Probably not the best week to be in a plane, I'll give you that.

Yep.

So we have a full lineup of topics to cover today and then the first story that we're going

to talk about here, it revisits some news that we covered over a year ago in October 2016 when telecommunications giant AT&T announced that it would be acquiring Time Warner.

So the approximately 85 billion dollar deal would... would put together in Time Warner's content creation business with the massive reach and

distribution of AT&T. So if you think about their television networks, T&T, TBS, CNN, among many others. There's

also HBO and the Warner Brothers Film Studio, so those major businesses from Time Warner could be leveraged across AT&T's own offerings.

AT&T of course serving millions of pay TV subscribers, wireless customers, and internet

subscribers across the US and abroad.

So the deal was expected to close by the end of this year,

but there's always a potential for regulatory authorities to step in.

Well, after months of some rumors and speculation of what the Justice Department might do.

They've officially announced that they'll be suing to block the deal.

So then I can't say this was a surprise for me given some comments from the current

administration regarding this deal and other issues

that regulators have encountered with a prior similar acquisition which we'll talk about

...