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Randall Stephenson's legacy at AT&T depends on winning Time Warner trial

CNBC
Randall Stephenson's legacy at AT&T depends on winning Time Warner trial

Exactly what's at stake if the AT&T-Time Warner deal falls through    27 Mins Ago | 02:14 AT&T CEO Randall Stephenson could be feeling a little like Casey at the Bat as he awaits a verdict on whether his company can buy Time Warner. He's down two strikes, and if he fails this time, his legacy may be sealed. A blocked Time Warner acquisition would be the third misstep for Stephenson on transformational deals for AT&T. Regardless of the deal's merits, if Judge Richard Leon decides AT&T can't buy Time Warner, Stephenson's attempt to transform the nation's second-largest wireless provider will have proven unsuccessful yet again. If Time Warner fails, Stephenson would go down in history as the only