AT&T, Time Warner to close merger 'as soon as possible'

AT&T, Time Warner to close merger 'as soon as possible'

6 years ago
Anonymous $roN-uuAfLt

https://apnews.com/c7e64ba498124756858c0e1e4a1f4eef

WASHINGTON (AP) — AT&T and Time Warner say they have a clear path to complete their newly approved merger. Their lawyer says the Justice Department has signaled it won't ask for a postponement while it ponders an appeal of a judge's ruling.

On Tuesday, U.S. District Judge Richard Leon ruled against the government's attempt to block the $85 billion deal on antitrust grounds. Now the companies could close their merger "as soon as possible," according to a Thursday letter from their lead attorney to Justice Department lawyers. The government is still considering whether to appeal Leon's ruling to a higher court.

AT&T, Time Warner to close merger 'as soon as possible'

Jun 15, 2018, 12:32am UTC
https://apnews.com/c7e64ba498124756858c0e1e4a1f4eef > WASHINGTON (AP) — AT&T and Time Warner say they have a clear path to complete their newly approved merger. Their lawyer says the Justice Department has signaled it won't ask for a postponement while it ponders an appeal of a judge's ruling. > On Tuesday, U.S. District Judge Richard Leon ruled against the government's attempt to block the $85 billion deal on antitrust grounds. Now the companies could close their merger "as soon as possible," according to a Thursday letter from their lead attorney to Justice Department lawyers. The government is still considering whether to appeal Leon's ruling to a higher court.