Daily News: June 18, 2018

AT&T, Comcast Mergers Create Unprecedented Debt Load


The Wall Street Journal reported that the mergers of AT&T and Comcast will put the companies at risk of becoming “the most indebted companies in the world.”

According to the Journal, citing data from Dealogic and Moody’s Investors Service, the two companies could have $350 billion of combined bonds and loans if AT&T’s plan to buy Time Warner and Comcast’s proposal to purchase 21st Century Fox move forward.