• Justice Department's action against AT&T and Time Warner's deal could put a chill on media stocks

    25 days ago - By CNBC

    The Justice Department's suit against AT&T's merger with Time Warner is not likely to have a broader impact on the stock market.
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  • AT&T is using the growing power of Silicon Valley to justify its acquisition of Time Warner

    AT&T is using the growing power of Silicon Valley to justify its acquisition of Time Warner

    25 days ago - By Business Insider

    AT&T is pushing back against the US government's attempt to block it's acquisition of Time Warner .
    AT&T CEO Randall Stephenson cited the power of Silicon Valley companies like Google, Facebook Amazon and Netflix to defend against the idea that the deal would hurt competition.
    "This defies logic," Stephenson said.
    Here's a surprise: an old media CEO citing the growing power of new media to try and get his away.
    On Monday, AT&T CEO Randall Stephenson responded to the US government's attempt to block it's acquisition of Time Warner , citing giants like Amazon, Google, Facebook and Netflix as...
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  • 'Justice League' Box Office Failure, DOJ Lawsuit Are Major Trouble For DCEU

    25 days ago - By Forbes

    Justice League stumbles and falls at the box office while the DOJ prepares a lawsuit to block the AT&T-Time Warner merger, casting doubt on the future of the DCEU.
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  • AT&T-Time Warner Merger Doubtful After DOJ Sues To Block It

    25 days ago - By Forbes

    The Department of Justice will sue in order to prevent the planned merger between the two major companies.
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  • MARK CUBAN: 'The big losers' of the DOJ's battle to block the Time Warner-AT&T merger will be Google and Facebook

    MARK CUBAN: 'The big losers' of the DOJ's battle to block the Time Warner-AT&T merger will be Google and Facebook

    25 days ago - By Business Insider

    Mark Cuban thinks the big losers of the DOJ's decision to sue to block the AT&T-Time Warner merger will be Google and Facebook.
    The DOJ announced Monday that it would sue to block the deal.
    Billionaire businessman Mark Cuban on Monday said he thinks Facebook and Google will be "big losers" of the Justice Department's intention to sue to block the proposed merger between Time Warner and AT&T.
    "Their media advertising, content and distribution dominance will be a defense at trial," Cuban tweeted Monday. "That could create bigger issues for them."
    The DOJ announced hours earlier that it is...
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  • Why Trump's CNN Attacks Could Help AT&T and Time Warner Merge

    25 days ago - By Fortune

    It could end up as the biggest antitrust showdown since the Justice Department tried to break up Microsoft at the height of the Windows era.
    Following word on Monday that the federal government had sued to block the $109 billion combination of telecom titan AT&T and entertainment giant Time Warner , the companies said they'd fight what they called a “radical and inexplicable departure from decades of antitrust precedent.”
    Usually such angry corporate fusillades consist of more loud attacks than rational arguments, but in this case AT&T and Time Warner may have a strong case. And it no...
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  • AT&T CEO on whether Trump's CNN antipathy is behind DOJ lawsuit: No one 'should be surprised the question keeps coming up'

    AT&T CEO on whether Trump's CNN antipathy is behind DOJ lawsuit: No one 'should be surprised the question keeps coming up'

    25 days ago - By Business Insider

    AT&T's CEO Randall Stephenson blasted the US Department of Justice over an impending lawsuit.
    The department is fighting to block a merger between AT&T and Time Warner.
    Stephenson said the company will not sell off CNN to satisfy the department.
    AT&T's CEO blasted the US Department of Justice following news that the agency will sue to block the company's $84.5 billion takeover of Time Warner.
    In a press conference in New York on Monday, Randall Stephenson said he was "surprised to be here," and that the lawsuit was "unprecedented" and "defies logic."
    He also balked at the proposal...
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  • AT&T sued, tech lifts Wall Street

    25 days ago - By Reuters

    The Justice Department will sue to block AT&T's acquisition of Time Warner, a source says. As Fred Katayama reports, AT&T and other telecom stocks lifted Wall Street Monday.
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  • The Justice Department is suing AT&T to block its $85 billion bid for Time Warner

    25 days ago - By Washington Post


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  • Time Warner shares fall on reports that DOJ to make a major antitrust announcement involving AT&T

    25 days ago - By CNBC

    Time Warner fell on the back of a report that the U.S. government will make an announcement on the company's deal with AT&T.
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  • AT&T will reportedly face an antitrust lawsuit over its $84.5 billion Time Warner deal

    AT&T will reportedly face an antitrust lawsuit over its $84.5 billion Time Warner deal

    25 days ago - By Business Insider

    The US Department of Justice will reportedly file an antitrust lawsuit against AT&T with regards to its proposed acquisition of Time Warner.
    This follows a period filled with reports that the DOJ demanded AT&T and Time Warner sell Turner Broadcasting, which includes CNN.
    AT&T 's rocky quest to complete its acquisition of Time Warner just hit another speed bump.
    The US Department of Justice is reportedly set to sue the company to block its $84.5 billion takeover of Time Warner, according to a report from Bloomberg News .
    The news of the antitrust lawsuit follows a contentious period that...
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  • Time Warner and AT&T fall following report the government could sue to block their merger

    Time Warner and AT&T fall following report the government could sue to block their merger

    25 days ago - By Business Insider

    Bloomberg News reported Monday afternoon that the US Department of Justice was prepared to sue to block AT&T 's proposed buyout of Time Warner , citing "a person familiar with the matter."
    Time Warner stock fell about 1.4% after the news.
    Shares of AT&T fell from earlier highs but were stil up 0.52%.
    The US Department of Justice is prepared to file an antitrust lawsuit, effectively blocking AT&T's proposed $84.5 billion takeover of Time Warner, Bloomberg News reported Monday , citing "a person familiar with the matter."
    Following the reports, shares of Time Warner fell as much as 1.4%...
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