AT&T Defeats U.S. In Merger Fight To Buy Time Warner

Credit: Wochit News
Published on February 26, 2019 - Duration: 00:31s

AT&T Defeats U.S. In Merger Fight To Buy Time Warner

A U.S. appeals court upheld a lower court ruling that AT&T’s deal to buy Time Warner for $85.4 billion was legal under antitrust law.

Reuters reports, the three-judge panel on the U.S. Court of Appeals for the District of Columbia ruled unanimously in favor of the deal.

“The government’s objections that the district court misunderstood and misapplied economic principles and clearly erred in rejecting the quantitative model are unpersuasive,” the judges said in their opinion.

Advertisement

AT&T Defeats U.S. In Merger Fight To Buy Time Warner

JULY 27, 2017, FILE PHOTO WEDNESDAY, JUNE 13, 2018, FILE PHOTO

You are here

Recent related videos from verified sources

'Avengers: Endgame' Beats 'Detective Pikachu' 00:44
Credit: Wochit Entertainment - Published 1 week ago 

Pennywise Is Back For More Nightmares 00:37
Credit: Wochit Entertainment - Published 2 weeks ago 

AT&T Misses On Revenue 00:34
Credit: Wochit Business - Published on April 24, 2019 

Justice League vs. The Fatal Five - Movie Clip - Battle In the Sky 00:49
Credit: Teaser-Trailer.com - Published on April 16, 2019 

Justice League vs. The Fatal Five Movie clip - Wonder Woman & Jessica Cruz 01:05
Credit: Teaser-Trailer.com - Published on April 13, 2019 

You might like