Media mergers ahoy as DoJ drops plans to appeal AT&T deal

The US Department of Justice has backed down over the mega merger between AT&T and Time Warner, which could set in train a raft of further giant deals. After being unable to prove the deal could harm rivals, the US government decided against delaying the deal after a federal judge had approved the $85bn deal without conditions on Tuesday. With telecoms titan AT&T taking over media giant Time Warner, owner of CNN and HBO cable network and the Warner Brothers film studio, the deal is a so-called ...

Den vollständigen Artikel lesen ...