The Justice Department today said it will appeal a federal judge’s approval of AT&T’s purchase of, and merger with, Time Warner. The decision prolongs the government’s legal challenge of the merger. Read the rest
Monopoly season is open, and Net Neutrality just died. The Justice Department will not try to stop AT&T from purchasing Time Warner, and the companies are now free to close their deal. The government may yet appeal a ruling on its antitrust lawsuit against the ultra-giga-mega-merger. Read the rest
The all-cash deal is expected to close by the end of the calendar year, and will be one of the largest acquisitions in tech business history. Read the rest
