It's official: AT&T-Time Warner is a done deal

The Justice Department had filed a lawsuit against the proposed merger of AT&T with Time Warner and it argued that the deal would be anti-competitive. However, a judge has now ruled that the merger can go through and many are saying that this could turn out to be one of the most consequential antitrust decisions in recent years. The decision thus clears the path for AT&T to merge with Time Warner but the Justice Department does have the right to appeal this decision. AT&T and Time Warner announced their decision to marge back in October 2016. It was one of the biggest deals of its kind, valued at $86 billion. The decision comes after a six-week trial in which the Justice Department tried to establish that the combined entity would become a major player that’s powerful enough to dictate unfair terms in the marketplace.The Justice Department also argued that the deal could have an impact on the economy as well and used expert testimony to highlight those dangers. AT&T maintains that

It's official: AT&T-Time Warner is a done deal

The two companies moved swiftly after a judge gave his blessing this week.

Thu 14 Jun 18 from The Washington Post

AT&T closes $85 billion deal for Time Warner

WASHINGTON (Reuters) - AT&T Inc, the No. 2 wireless carrier, on Thursday closed its $85 billion deal to acquire media company Time Warner Inc after it reached an agreement with U.S. antitrust ...

Thu 14 Jun 18 from Reuters Technology

AT&T completes $85 billion mega-merger with Time Warner - CNET

Deal closes a day early after government said it wouldn't seek a stay to freeze the deal.

Thu 14 Jun 18 from CNET

AT&T finishes acquiring Time Warner, becoming massive media conglomerate

AT&T has completed its acquisition of Time Warner, just two days after a federal judge ruled the merger could clear despite the objections of the Justice Department and just ...

Thu 14 Jun 18 from The Verge

DOJ won't ask judge to delay AT&T-Time Warner merger - CNET

The government may still appeal the court's decision to allow AT&T-Time Warner to merge, but it won't ask the court to delay closing the deal while it decides its next move.

Thu 14 Jun 18 from CNET

Judge Rules AT&Tís Merger With Time Warner Can Go Through

The Justice Department had filed a lawsuit against the proposed merger of AT&T with Time Warner and it argued that the deal would be anti-competitive. However, a judge has now ruled that ...

Wed 13 Jun 18 from Ubergizmo

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