By Emily Stephenson GETTSYBURG, Pa. (Reuters) - U.S. Republican presidential candidate Donald Trump promised on Saturday to foil a proposed deal for AT&T to buy Time Warner if he wins the Nov. 8 election, arguing it was an example of a "power structure" rigged against both him and voters. Trump, whose candidacy has caused ruptures in his party, listed his policy plans for the first 100 days of his presidency in a campaign speech in Gettysburg, Pennsylvania, near the site of a Civil War battlefield and a celebrated address by President Abraham Lincoln.
The deal, which has been agreed on most terms, would be one of the largest in recent years in the sector as telecommunications companies look to combine content and distribution to capture customers replacing traditional pay-TV packages with more streamlined offerings and online delivery. AT&T will pay $110 per Time Warner share in cash and stock, worth about $85 billion overall, sources told Reuters. AT&T, whose main wireless phone and broadband service business is showing signs of slowing growth, has already made moves to turn itself into a media powerhouse, buying satellite TV provider DirecTV last year for $48.5 billion.