Tag: AT&T Time Warner acquisition

Court grants AT&T approval to acquire Time Warner for $85billion

AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, dealing a blow to U.S. President Donald Trump’s administration which tried to block the deal and likely setting off a wave of corporate mergers. The planned deal, approved without conditions, is seen as a turning point for… Read More Court grants AT&T approval to acquire Time Warner for $85billion

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U.S., AT&T at odds over CNN’s possible sale in takeover deal

U.S. antitrust regulators and AT&T Inc sparred on Wednesday over whether the wireless carrier would be required to sell Time Warner Inc’s CNN cable network as a condition of approval of its deal to buy the media company. The U.S. Department of Justice has demanded significant asset sales in order to approve the $85.4 billion… Read More U.S., AT&T at odds over CNN’s possible sale in takeover deal

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