Judge approves AT&T-Time Warner merger opposed by Trump | TheHill


The decision from U.S. District Judge Richard Leon gives AT&T an entry into the media business with control over popular brands like cable networks CNN, HBO, TNT and TBS. It could also set in motion a series of mega-deals across industries.

In his 172-page decision, Leon wrote that the Justice Department failed to prove that the combination would hurt competition.

He also urged prosecutors not to seek a stay ahead of the companies’ merger deadline on June 21, which he said would cause “irreparable harm” to the deal.

Source: Judge approves AT&T-Time Warner merger opposed by Trump | TheHill

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