Tag: DOJ
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The Time Warner-AT&T Ruling is Expected Tomorrow
The AT&T-Time Warner antitrust trial has came to a close last month now it looks like we will have a ruling tomorrow. AT&T is hoping that the judge will approve their merger with Time Warner but The Department of Justice is hoping the judge will block the deal unless certain conditions are met. The Department…
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AT&T-Time Warner Antitrust Trial Starts Tomorrow
AT&T is in the process of buying Time Warner. Not the cable company that was sold to Charter a few years ago, but the parent company behind CNN, TNT, and HBO. Back in December the Department of Justice sued to block the merger on antitrust grounds. AT&T’s deal to buy Time Warner is an $85.4…
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AT&T-Time Warner Antitrust Trial Date Set For March 19th
Today it was announced that the Department of Justice lawsuit to block the AT&T merger with Time Warner will be in court on March 19th 2018. This will cut it very close to AT&T’s April 22nd, 2018 date for the deal to end if no ruling has been reached and the Judge did warn that…
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Report: Sinclair Close to Deal With DOJ For Tribune Sale Approval
Earlier this year it was announced that Sinclair Broadcast Company had a deal to buy Tribune Media for $3.9 billion. Now it looks like is close to getting approval after Sinclair has agreed to sell off some of the stations. According to The New York Post, the DOJ is asking Sinclair to sell 13 Tribune stations in…
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AT&T is Fighting Back Against the DOJ Lawsuit
Well, it looks like AT&T is not going to take the DOJ lawsuit to block their purchase of Time Warner laying down. (The TV company, not the cable company.) Now AT&T is making it clear they are willing to offer concessions but are not willing to sell assets. Today during a speech at The Economic…
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AT&T Gives Themselves More Time to Close the Time Warner Deal After DOJ Lawsuit
After the recent lawsuit from the Department of Justice AT&T has pushed back the termination deadline for its planned $108.7 billion purchase of Time Warner. After announcing plans to push back the deadline today AT&T officially filed with the SEC for more time to close their Time Warner deal. This deal will give AT&T ownership…
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AT&T Issues a Statement on The DOJ Lawsuit to Blocking Their Acquisition of Time Warner
Yesterday it was reported was later disputed but never completely disproven. Now Reuters has reported that the Justice Department plans to sue AT&T to prevent it from buying Time Warner. According to the Justice Department, the sale could be a “major antitrust matter.” Now AT&T has replied to the DOJ lawsuit with an official statement: “Today’s…
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Report: DOJ Asks For The Sale of CNN or DIRECTV in AT&T-Time Warner Deal
Today The New York Times reported that the Depart of Justice has called on AT&T and Time Warner to sell Turner Broadcasting Group the group of cable networks including CNN as a potential requirement for approving the companies’ pending $85.4 billion deal. Or sell off DIRECTV and keep the cable networks. The demand puts pressure on…
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Report: The DOJ May Try to Block AT&T’s Purchase of Time Warner
Recently we have been hearing reports that the AT&T purchase of Time Warner was all but a done deal. (Remember: This is Time Warner the content company that owns channels such as HBO not the cable TV company.) Now The Wall Street Journal is reporting that the Department of Justice (DOJ) is looking at their…