The Trump administration is suing AT&T to stop its purchase of Time Warner

The Trump administration is suing AT&T to stop its purchase of Time Warner

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.recode.net/2017/11/20/16681716/us-federal-government-att-time-warner-cnn-hbo-lawsuit-antitrust-tv-merger-president-trump

The U.S. government announced on Monday that it plans to sue AT&T in a bid to stop the wireless giant from proceeding with its proposed $85 billion purchase of content powerhouse Time Warner.

In response, AT&T redoubled its commitment to the deal, pledging to fight the Justice Department in a court case that could span months or more — and hinge at least in part on President Donald Trump’s public opposition to the two companies’ plans.