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Thu Jul 12, 2018, 04:47 PM

Justice Department Plans Appeal of AT&T-Time Warner Merger Approval

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Source: NYT

By Cecilia Kang
July 12, 2018

The Justice Department said on Thursday it would appeal a federal judge’s approval of AT&T’s merger with Time Warner, extending the government’s legal challenge of the blockbuster deal.

A federal judge signed off on the deal a month ago, saying the federal agency did not sufficiently prove that the merger would harm competition and consumers.

The companies have moved forward with their $85.4 billion agreement, putting an AT&T executive in charge of the media conglomerate that produces HBO hit shows like “Game of Thrones” and the news network CNN.

AT&T and Time Warner executives have said they were confident they would win an appeal of the merger because of the judge’s sweeping rejection of the government’s case.


Read more: https://www.nytimes.com/2018/07/12/business/justice-department-plans-appeal-of-att-time-warner-merger-approval.html?hp&action=click&pgtype=Homepage&clickSource=story-heading&module=first-column-region®ion=top-news&WT.nav=top-news

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Reply Justice Department Plans Appeal of AT&T-Time Warner Merger Approval (Original post)
Cattledog Thursday OP
DonViejo Thursday #1

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Thu Jul 12, 2018, 04:54 PM

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