President Trump on Wednesday further inserted himself into the drama around the sale of Warner Bros. Discovery, saying he believes CNN — one of several cable networks owned by WBD — should be sold as part of any deal.
Why it matters: While the president doesn't have the power to unilaterally block a merger he doesn't like — unless there are serious national security concerns pertaining to foreign investments — his comments do have the ability to sway the decisions of WBD shareholders and its board.
