U.S. Appeals Ruling Allowing AT&T-Time Warner Merger
Thursday, 12 July 2018 The Justice Department appealed a trial judge’s ruling last month that allowed AT&T to acquire Time Warner, setting the stage for a second round of legal proceedings in a blockbuster antitrust case.
According to a report by Markets Insider, shares of AT&T dropped as much as 2% after the Department of Justice appealed a court's ruling that cleared the company to buy Time Warner on Thursday. The appeal comes just one month after a court approved the 'vertical' merger, which would give AT&T access...
Watch VideoThe Justice Department has explained why it continues to challenge a merger between AT&T and Time Warner Inc.
In a brief filed in federal appeals... Newsy - WorldAlso reported by •Billboard.com •Newsmax •Wall Street Journal
The U.S. government, using more than 70 pages Monday to make its case against the tie-up of AT&T and Time Warner, said a lower court was “clearly erroneous”... bizjournals - BusinessAlso reported by •DNA
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