Shares of telecommunications companies fell on doubts about the outlook for a major deal.
Time Warner shares declined because of speculation over whether AT&T would receive regulatory approval to close a deal to buy the entertainment conglomerate in its current form. Negotiations between AT&T and the Justice Department over the approval of the deal are reportedly ongoing.
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Metro-Goldwyn-Mayer named television and movie veteran Michael Wright president of its EPIX pay-television channel.
Rob Curran, firstname.lastname@example.org
(END) Dow Jones Newswires
November 13, 2017 17:19 ET (22:19 GMT)