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- In its lawsuit aimed at stopping the deal, filed in November 2017, the Justice Department said that AT&T's ownership of both DirecTV and Time Warner, especially its Turner subsidiary, would give AT&T unfair leverage against rival pay TV providers that relied on content like CNN and HBO's "Game of Thrones."
www.reuters.com/article/world/att-closes-85-billion-deal-for-time-warner-idUSKBN1JA37E/
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Jun 15, 2018 · AT&T Inc. has completed its acquisition of Time Warner Inc., bringing together global media and entertainment leaders Warner Bros., HBO and Turner with AT&T’s leadership in technology and its video, mobile and broadband customer relationships.
- AT&T and Time Warner Finalize Merger
AT&T has officially acquired Time Warner Inc., a global...
- AT&T and Time Warner Finalize Merger
- Why Are AT&T and Time Warner in Court?
- Why Are AT&T and Time Warner Teaming Up?
- Why Does The Department of Justice Care?
- Why Does President Trump Care?
AT&T first announced plans to merge with entertainment company Time Warner back in 2016. The $85 billion deal solicited strong words from then-presidential candidate Donald Trump, who claimed the merger would put "too much concentration of power in the hands of too few." After Donald Trump was elected U.S. President, his Justice Department filed a ...
Time Warner is one of the largest media and entertainment companies in the world, controlling a number of popular brands including TNT, TBS, CNN, and HBO, as well as the Warner Bros. line of enterprises. If AT&T's acquisition of Time Warner was to go through, the telecommunications titan would be able to market Time Warner's massive pool of content...
Besides the major business implications of the AT&T-Time Warner merger, the antitrust lawsuit will have much broader implications for the world of mergers and acquisitions (M&As) in general. Indeed, the case would be a bellwether for future mergers and acquisition deals. M&A is a major area, with over $409 billion in deals announced so far in 2018 ...
From candidate to the president-elect to the president of the U.S., Donald Trump has had no problem sharing his disapproval of cable network CNN. On the campaign trail, President Trump spoke about the merger, saying that "as an example of the power structure I'm fighting, AT&T is buying Time Warner and thus CNN, a deal we will not approve in my adm...
May 17, 2021 · Just three years ago, AT&T finally closed its $85 billion deal to buy Time Warner, ending a protracted battle with the Justice Department under then-President Donald Trump, which sought to...
Jun 14, 2018 · AT&T announced it had completed its $85.4 billion acquisition of Time Warner on Thursday, shortly after the Justice Department said it would not seek an injunction to stop the deal.
Jun 15, 2018 · AT&T Inc <T.N>, the No. 2 wireless carrier, on Thursday closed its $85 billion deal to acquire media company Time Warner Inc <TWX.N> after U.S. antitrust regulators indicated they would not...
Mar 11, 2022 · Feb. 15 — Time Warner shareholders approve the merger with AT&T. Feb. 28 — FCC chairman Ajit Pai refuses to review the AT&T-Time Warner merger, passing the decision to the...
AT&T has officially acquired Time Warner Inc., a global leader in media and entertainment with businesses in television networks, film and TV entertainment.
