AT&T completes $85 billion megamerger with Time Warner
https://www.cnet.com/news/at-t-completes-85-billion-mega-merger-with-time-warner/
AT&T said Thursday it's completed its $85 billion acquisition of Time Warner, a day earlier than previously expected.
The deal, which was expected to close Friday, cleared its final hurdle Tuesday when a federal judge ruled that the government had failed to prove the combination of the two companies would harm consumers. The Department of Justice sued AT&T in October to block the deal, arguing the combined company would have too much power over competitors, ultimately leading to higher prices and fewer choices for consumers.
AT&T completes $85 billion megamerger with Time Warner
Jun 15, 2018, 1:28am UTC
https://www.cnet.com/news/at-t-completes-85-billion-mega-merger-with-time-warner/
> AT&T said Thursday it's completed its $85 billion acquisition of Time Warner, a day earlier than previously expected.
> The deal, which was expected to close Friday, cleared its final hurdle Tuesday when a federal judge ruled that the government had failed to prove the combination of the two companies would harm consumers. The Department of Justice sued AT&T in October to block the deal, arguing the combined company would have too much power over competitors, ultimately leading to higher prices and fewer choices for consumers.