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Tuesday, May 1, 2018

AT&T-Time Warner Merger Gets More Complicated


In its closing argument on Monday, the Department of Justice appeared to cede ground in its battle against the pending merger between AT&T and Time Warner. The DOJ argued “alternative” solutions should be considered if the deal isn’t blocked. Justice Department attorney Craig Conrath asked U.S. District Judge Richard Leon to force a “partial divestiture.” According to the Wall Street Journal, this would mean that AT&T only buys a portion of Time Warner. Leon is the lone decision maker in the case. The Hill reported that the Judge said he planned to rule by June 12, ahead of the June 21 merger deadline. https://ift.tt/2HIZqkX http://www.wochit.com This video was produced by YT Wochit News using http://wochit.com

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