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Judge approves $85 billion AT&T-Time Warner merger

By Kelly Cohen
Published June 12, 2018 8:44pm ET
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Judge approves $85 billion AT&T-Time Warner merger
A federal judge ruled Tuesday that AT&T is allowed to acquire Time Warner. Judge Richard J. Leon, a U.S. District Court judge, made the ruling. There are no conditions to the $84.5 billion merger, and he told the federal government it would be “manifestly unjust” for it to seek a stay on his own ruling […]

A federal judge ruled Tuesday that AT&T is allowed to acquire Time Warner.

Judge Richard J. Leon, a U.S. District Court judge, made the ruling. There are no conditions to the $84.5 billion merger, and he told the federal government it would be “manifestly unjust” for it to seek a stay on his own ruling pending an appeal.

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Department of Justice Federal Courts Free Market Mergers and Acquisitions