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United States v. AT&T, 916 F.3d 1029 (2019), was a ruling of the United States Court of Appeals for the District of Columbia Circuit, [1] which prevented the U.S. government from blocking a merger between AT&T and Time Warner, thus creating the WarnerMedia conglomerate.
WASHINGTON — AT&T’s $85.4 billion proposed merger with Time Warner can proceed and does not pose antitrust problems, a federal judge ruled on Tuesday. U.S. District Judge Richard Leon ...
On July 12, the Department of Justice announced that it was appealing the AT&T (NYSE:T)-Time Warner merger, asking the DC Circuit Court of Appeals to consider reversing its decision. AT&T CEO ...
In March, House Judiciary Committee Chairman Jerrold Nadler and Representative David Cicilline, who chairs a panel overseeing antitrust issues, asked the White House and Justice Department to turn ...
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On June 12, 2018, the AT&T-Time Warner merger was approved by a federal judge. [11] Two days later, AT&T completed the acquisition of Time Warner, and a day later the company was renamed WarnerMedia. On July 10, 2018, AT&T announced that it would acquire cybersecurity startup AlienVault for an undisclosed amount. [12]
By April 27, however, Charter had backed off its opposition to the deal after reaching a deal to acquire a portion of Time Warner Cable's subscribers as part of it. [5] Under the deal, Comcast would acquire Time Warner Cable by exchanging each of Time Warner Cable's current 284.9 million shares for 2.875 shares of Comcast's CMCSA stock. [6]
The ruling by Judge Richard Leon of the U.S. District Court for the District of Columbia brings an end to a six-week antitrust trial in which U.S. regulators argued that the $85 billion deal would ...