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The merger would bring Time Warner's properties under the same umbrella as AT&T's telecommunication holdings, including satellite provider DirecTV. [ 87 ] [ 88 ] The deal faced criticism for the possibility that AT&T could use Time Warner content as leverage to discriminate against or limit access to the content by competing providers.
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 ...
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.
AT&T Inc, the No. 2 wireless carrier, on Thursday closed its $85 billion deal to acquire media company Time Warner Inc after U.S. antitrust regulators indicated they would not seek a delay.
The Department of Justice on Thursday filed a motion to appeal a court's approval of AT&T's $85 billion merger with Time Warner.
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]
After months in limbo, AT&T finally got the green light to acquire Time Warner, and the ripple effects are being felt across the market already.
AT&T's (T) merger with Time Warner will enable the company to maintain a stronghold in the entertainment market.