Keyword: Department of Justice
The DOJ is challenging a court’s decision to allow the $85 billion AT&T-Time Warner merger, and now it could be getting a small assist from the FCC.
The Justice Department is officially appealing Judge Richard Leon’s decision in the Time Warner merger case, but AT&T is calling no takebacks.
The Walt Disney Company has officially received the Justice Department’s blessing for its $71.3 billion bid for Fox, but now the clock is ticking.
The Walt Disney Company got the official approval to acquire 21st Century Fox, but the company must sell off Fox’s 22 regional sports networks.
AT&T scored a landmark victory Tuesday when the court OK’d its $85 billion merger with Time Warner. Reactions from the industry were mixed.
A federal judge Tuesday approved AT&T’s $85 billion merger with Time Warner and imposed no conditions on the deal.
On June 12, an end will come to AT&T’s nearly 20-month quest to buy Time Warner. But Time Warner may not be looking for the same decisive victory.
By many accounts, AT&T will emerge victorious next week against the Justice Department. But should AT&T lose, what will become of Time Warner?
The DOJ asked for either a permanent injunction of the merger or a targeted divestiture.
AT&T said selling off Turner or DirecTV would destroy the value of its Time Warner merger.