Time Warner will be fine even if the AT&T acquisition doesn’t go through

Time Warner will be fine even if the government blocks the bid from AT&T to buy the company.

That’s the word from John Martin, the free-wheeling chief executive of Time Warner subsidiary Turner Inc., who was speaking at the Code Media conference in Huntington Beach.For the record, Martin says that the government’s position on the acquisition offer is “stupid” and that it will likely lose its case. “It is a massive misallocation of resources and capital to fight this thing,” Martin said...