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

For the time being, AT&T has actually supposedly chosen against offering its Warner Bros. Interactive Entertainment gaming division to another business. According to Bloomberg, the telecom concluded the unit was too important to ditch, even if a sale would have assisted the business with its $165 billion debt load..
When news of the prospective sale very first broke, CNBC reported the sale of the division might have netted AT&T as much as $4 billion. Several prominent video game publishers were apparently interested, including Microsoft, Take-Two, EA and Activision Blizzard. Bloomberg reports 2 main factors likely caused AT&Ts choice to scrap the sale.