CNN faced lawsuit over Russia story

|By:, SA News Editor

CNN retracted a false story which suggested a link between a Trump associate and Russian fund after being threatened with a $100M libel lawsuit, according to the NY Post.

The drama came amid federal scrutiny of corporate parent Time Warner's (NYSE:TWX) pending purchase by AT&T (NYSE:T) - and the widespread belief among media execs that CNN President Jeff Zucker can't survive a merger.

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