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

For the time being, AT&T has supposedly chosen against offering its Warner Bros. Interactive Entertainment video gaming division to another business. According to Bloomberg, the telecom concluded the system 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 first broke, CNBC reported the sale of the department might have netted AT&T as much as $4 billion. Several prominent video game publishers were supposedly interested, consisting of Microsoft, Take-Two, EA and Activision Blizzard. Bloomberg reports two primary factors most likely resulted in AT&Ts choice to ditch the sale.