AT&T gets clearance to devour Time Warner for $85 BEEEELION

AT&T gets clearance to devour Time Warner for $85 BEEEELION

6 years ago
Anonymous $roN-uuAfLt

https://www.theregister.co.uk/2018/06/12/att_time_warner/

A US District Court judge has given the all-clear for AT&T's $85bn acquisition of broadcast giant Time Warner.

In a ruling issued Tuesday afternoon, Judge Richard Leon said that the DOJ had failed to show how the combined tv and telco giants would substantially harm competition in the US market. In doing so, Leon also removed the last major hurdle for the deal to go through.

AT&T gets clearance to devour Time Warner for $85 BEEEELION

Jun 13, 2018, 12:34am UTC
https://www.theregister.co.uk/2018/06/12/att_time_warner/ > A US District Court judge has given the all-clear for AT&T's $85bn acquisition of broadcast giant Time Warner. > In a ruling issued Tuesday afternoon, Judge Richard Leon said that the DOJ had failed to show how the combined tv and telco giants would substantially harm competition in the US market. In doing so, Leon also removed the last major hurdle for the deal to go through.