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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 ...
[85] [86] [8] On October 22, 2016, AT&T reached a deal to buy Time Warner for $85.4 billion. 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 ...
In many ways, Xandr was the fulcrum of the AT&T/Time Warner merger. The idea was that AT&T could combine its scale and customer data with Time Warner’s content to supercharge the value of its TV ...
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[62] [63] [64] On October 22, 2016, AT&T announced a deal to buy Time Warner for $108.7 billion. If approved by federal regulators, the merger would bring AT&T's telecommunication holdings under the same umbrella as HBO, Turner Broadcasting System and the Warner Bros. studio. [65] [66] [67]
AT&T first announced plans to acquire Time Warner in October 2016. The acquisition would give AT&T significant holdings in the media content industry for the first time, and would allow the company to compete more fully with its primary telecommunications rival, Comcast, which had recently acquired NBCUniversal under a similar strategy.
A judge ruled Tuesday that AT&T can complete its $85 billion acquisition of 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]