Android News / AT&T News

Justice Department Won't Appeal AT&T/Time Warner Ruling

Posted On: Jun 14, 2018   |   Posted By: Android Headlines

The Department of Justice has announced that it will not seek an appeal on the ruling in the AT&T and Time Warner case that was made earlier this week. That may come as a surprise to many, but that means that AT&T is able to go through with the merger, and even expects to close the deal by Friday. Judge Richard Leon on Tuesday, announced that Time Warner could merge with AT&T for $85.4 billion. This merger was actually announced nearly 20 months ago, making this a very long and drawn out process, but the government wanted to block this vertical merger - and it was something that Trump vowed to do before even being elected.
AT&T's merger with Time Warner would allow AT&T to not only offer TV service to customers but also control the content on that TV service. As Time Warner does own a fair amount of media properties, including HBO and CNN. The Justice Department had urged AT&T to sell off either DIRECTV or Turner Broadcasting to get this deal to go through, as it was worried that with AT&T...

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