President Donald Trump said on Sept. 9 that an activist investor’s move on AT&T including questioning its past business decisions like the takeover of Time Warner—CNN’s parent company—was “great news,” while taking the opportunity to repeat his criticism of the network’s news reporting.
“But most importantly, @CNN is bad for the USA,” he added.
The president then called out CNN’s international news division for spreading “bad information & Fake News all over the globe,” while claiming that he is frequently asked by leaders of other countries about why media outlets “hate the U.S. sooo much.”
In its letter, Elliott called for AT&T to sell some of its assets while questioning it over some of its past deals, including its merger with Time Warner.
Elliott said that with the right strategic moves the company could almost reach double its share price by end of 2021.
In several follow up posts, the president went further to call out another network, MSNBC, and its parent company Comcast for what he described as biased coverage on the Trump administration.
He continued by underscoring his administration’s achievements including those made in the economy, criminal justice reform, and taxes.
“The Trump Administrations has achieved more in the first 2 1/2 years of its existence than perhaps any administration in the history of our Country. We get ZERO media credit for what we have done, and are doing, but the people know, and that’s all that is important!” he added.
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