26 Feb AT&T Defeats U.S. Bid to Kill $85 Billion Time Warner Deal [Bloomberg]
By David McLaughlin, Andrew M Harris, and Scott Moritz
February 26, 2019 | AT&T Inc. beat back another effort by the U.S. to undo its purchase of Time Warner, cementing an $85 billion deal to help it compete with Netflix Inc.
The U.S. Appeals Court in Washington said Tuesday the Justice Department failed to establish that a lower-court judge made a clear error when he rejected the government’s case that AT&T should be blocked from buying Time Warner on antitrust grounds. The department has no plans to seek further review.
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