AT&T reportedly backs away from selling Warner Bros. Interactive – Engadget

For the time being, AT&T has actually apparently chosen versus offering its Warner Bros. Interactive Entertainment gaming division to another company. According to Bloomberg, the telecom concluded the unit was too valuable to ditch, even if a sale would have assisted the company with its $165 billion financial obligation load..
When news of the potential sale very first broke, CNBC reported the sale of the department could have netted AT&T as much as $4 billion. A number of prominent video game publishers were apparently interested, including Microsoft, Take-Two, EA and Activision Blizzard. Bloomberg reports 2 main factors most likely led to AT&Ts decision to scrap the sale.