Search results
Results from the WOW.Com Content Network
[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 ...
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 ...
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 ...
The landmark decision on Tuesday to greenlight the $85 billion AT&T-Time Warner deal by U.S. District Court Judge Richard Leon lifted media ETFs in early Wednesday trading. The decision by Judge ...
Gerald M. Levin (May 6, 1939 – March 13, 2024) was an American media businessman. Levin was involved in brokering the merger between AOL and Time Warner in 2000, at the height of the dot-com bubble, a merger which was ultimately disadvantageous to Time Warner and described as "the biggest train wreck in the history of corporate America."
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]
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 ...
AT&T Inc. also acquired Time Warner in 2016, [19] [20] with the proposed merger confirmed on June 12, 2018 [21] and the aim of making AT&T Inc. the largest and controlling shareholder of Time Warner, which it then rebranded as WarnerMedia in 2018.