Trump victory clouds outlook for Time Warner-AT&T, other mergers

WASHINGTON/NEW YORK (Reuters) - U.S. corporate dealmakers were likely to put major merger plans on hold as they assess whether U.S. President-elect Donald Trump will follow through on his populist promises and a threat to block AT&T Inc's purchase of Time Warner Inc , or act more like traditional business-friendly Republican administrations. Wall Street braced for a drop in deals, with Goldman Sachs on Wednesday projecting a 20 to 30 percent downside for earnings of banks that focus on merge