AT&T lawyer says U.S. effort to stop Time Warner deal 'foolish': CNBC

AT&T lawyer says U.S. effort to stop Time Warner deal 'foolish': CNBC

6 years ago
Anonymous $ZOEEBQ1zf0

https://www.reuters.com/article/us-time-warner-m-a-at-t-lawyer-doj/att-lawyer-says-u-s-effort-to-stop-time-warner-deal-foolish-cnbc-idUSKBN1DL1PV

The U.S. Department of Justice's move to block AT&T Inc's $85.4 billion acquisition of Time Warner Inc was "foolish" because the deal posed no threat to consumers, the wireless carrier's trial lawyer Dan Petrocelli told CNBC on Tuesday.