AT&T Exec Suggests Time Warner Deal May Not Close by Year’s End After All

Slow your roll, AT&T-Time Warner: your merger may not close by the end of 2017 after all.

“All approvals have been received, but for the DOJ,” AT&T CFO John Stephens said this morning of his company’s pending acquisition. “We are in active discussions with the DOJ. Those are continuing on. I can’t comment on those discussions, but with those discussions, I can now say that the timing of the closing of the deal is now uncertain.”

“With regard to the transaction, everything continues as we’ve expressed in the past,” he continued during a Wednesday investor conference.