Question: ATT purchased Time Warner for 8 5 billion USD in 2 0 1 8 . It then spun off its Time Warner assets for only

ATT purchased Time Warner for 85 billion USD in 2018. It then spun off its Time Warner assets for only 43 billion USD. This is an example of a
A. reasonable divestiture.
B. good expansion.
C. cost savings strategy.
D. failed acquisition.
ATT purchased Time Warner for 85 billion USD in 2018. It

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