A new AT&T; investor, which owns the company that CNN is under, announced Monday he wants to make changes to AT&T;.
WASHINGTON – President Donald Trump praised Monday a new AT&T investor, which owns the company that CNN is under, saying that hopefully the new shareholder will"put a stop to all of the Fake News."
"Great news that an activist investor is now involved with AT&T. As the owner of VERY LOW RATINGS @CNN, perhaps they will now put a stop to all of the Fake News emanating from its non-credible 'anchors,'" Trump claimed in a tweet."Also, I hear that, because of its bad ratings, it is losing a fortune."
In a letter to AT&T Monday, Elliott said that it wants to sell several of the company's businesses that were"distractions that have contributed to the Company’s recent operational underperformance," including DirecTV."In case you hear differently, CNN is having its most profitable year in history," he wrote in a tweet. "Last month the network delivered its highest August ratings on record and won the prime time demo - beating both Fox and MSNBC.
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