• AT&T wins court approval to buy Time Warner

    7 days ago - By Reuters

    AT&Tsays it plans to close its purchase of Time Warner no later than June 20th after a U.S. court decided it could move ahead with the deal. Roselle Chen reports.
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  • Business Highlights

    7 days ago - By Chron

    Federal judge approves AT&T-Time Warner merger
    WASHINGTON - A federal judge approved the $85 billion mega-merger of AT&T and Time Warner on Tuesday. The decision could usher in a wave of media consolidation while shaping how much consumers pay for streaming TV and movies.
    Tesla cuts 9 pct. of workforce in bid to post a profit
    DETROIT - Electric car maker Tesla Inc. is laying off about 3,600 workers mainly from its salaried ranks as it trims costs in an effort to become profitable. CEO Elon Musk says in an email to workers Tuesday that the cuts amount to about 9 percent of the company's...
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  • Time Warner shares shoot higher after judge rules in favor of merger with AT&T; other media stocks gain

    7 days ago - By CNBC

    Shares of media and telecommunications companies react to a federal judge's widely watched ruling on AT&T's deal for Time Warner.
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  • A judge just approved AT&T and Time Warner's merger - and it could be good news for a series of healthcare mega-mergers

    A judge just approved AT&T and Time Warner's merger - and it could be good news for a series of healthcare mega-mergers

    7 days ago - By Business Insider

    CVS Health and Aetna are planning to merge in a deal that would create a new, vertically integrated company containing a health insurer, a retail pharmacy, and a pharmacy benefits manager, which negotiates prescription-drug prices with drugmakers.
    While CVS and Aetna shareholders have approved the deal, it remains to be seen whether federal or state regulators will step in to block it.
    On Tuesday, a judge approved the merger of Time Warner and AT&T, a similar merger. The news sent CVS and Aetna's stocks up after hours.
    The ruling could have big implications for how the Trump administration...
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  • Federal judge approves AT&T merger with Time Warner

    7 days ago - By Review Journal

    A federal judge has approved AT&T's merger with Time Warner. He rejected the government's argument that it would hurt competition in pay TV and cost consumers hundreds of millions of dollars more to stream TV and movies.
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  • Netflix and Alphabet will need to become ISPs, fast

    7 days ago - By Tech Crunch

    This week completely scrambled the video landscape, and its implications are going to take months to fully understand.
    First is the district court's decision to approve the merger of AT&T and Time Warner announced just moments ago. That will create one of the largest content creation and distribution companies in the world when it closes. It is also expected to encourage Comcast to make a similar bid for 21st Century Fox, further consolidating the market. As Chip Pickering, CEO of pro-competition advocacy org INCOMPAS put it, “AT&T is getting the merger no one wants, but everyone will pay...
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  • AT&T wins court approval to buy Time Warner over Trump opposition

    7 days ago - By Reuters

    WASHINGTON - AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, dealing a blow to U.S. President Donald Trump's administration which tried to block the deal and likely setting off a wave of corporate mergers.
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  • Comcast offer for Fox expected after favorable AT&T ruling

    7 days ago - By Chron

    NEW YORK - Now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner, other companies are likely to rush to consolidate.
    Tuesday's ruling signaled that federal regulators will have a hard time stopping companies from getting bigger by gobbling up rivals and the content they own. Even if a company doesn't need to get bigger right away, it might need to do so to prevent a competitor from doing so.
    For starters, expect Comcast to make a bid for Fox's entertainment business as early as Wednesday.
    These mega deals - some in the works, some still to come - will transform...
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  • U.S. judge rules AT&T can acquire Time Warner for $85 billion

    U.S. judge rules AT&T can acquire Time Warner for $85 billion

    7 days ago - By Venture Beat

    AT&T won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue. The planned deal is seen as a turning point for a media industry that has been upended by companies like Netflix Inc...
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  • The Latest: AT&T decision a green light for media mergers

    7 days ago - By Chron

    WASHINGTON - The Latest on the resolution of the AT&T-Time Warner antitrust case :
    5 p.m.
    Now that a federal judge has approved AT&T's $85 billion takeover of Time Warner, other companies are likely to rush to consolidate.
    Tuesday's ruling signaled that federal regulators will have a hard time stopping companies from getting bigger by gobbling up rivals and the programming they own. Even if a company doesn't need to get bigger right away, it might need to do so to prevent a competitor from overshadowing it.
    For starters, expect Comcast to make a bid for Fox's entertainment business as...
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  • Here's why the AT&T-Time Warner merger just got approved

    7 days ago - By Fast Company

    The decision could set off a flurry of acquisitions in telecom, big media, and beyond.
    D.C. federal court judge Richard Leon came down on the side of AT&T and it's proposed deal to acquire Time Warner for $85.4 million. The Department of Justice, the court decided, had not met the burden of proof that the acquisition constitutes antitrust and would harm consumers.
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  • U.S. Judge Approves AT&T's $85 Billion Merger With Time Warner

    U.S. Judge Approves AT&T's $85 Billion Merger With Time Warner

    7 days ago - By NPR

    A judge gave his blessing to AT&T's drive to take over the Time Warner media conglomerate. He rejected the Justice Department's arguments that the combined company would be too powerful.
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  • AT&T's Time Warner Takeover Wins Judge's Approval in Defeat for Justice Dept

    7 days ago - By NY Times

    The Trump administration had sued to block the deal, arguing that it would lead to fewer choices and higher prices for consumers.
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  • Court approves merger of AT&T and Time Warner

    7 days ago - By Tech Crunch

    United States District Court Judge Richard J. Leon has ruled in favor of AT&T in the government's antitrust suit to block AT&T's proposed merger with Time Warner .
    That decision matches word on the street over the past few weeks, and delivers a stern rebuke to the Trump Administration, which had opposed the deal from its earliest days. The decision was made following the close of markets in New York, and after hours trading was muted to the decision.
    In light of today's decision, Comcast, which has been eyeing its own content creator takeover of 21st Century Fox, will likely move forward...
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  • A judge just approved the $85 billion merger between AT&T and Time Warner - and it will affect the future of media M&A for decades to come

    A judge just approved the $85 billion merger between AT&T and Time Warner - and it will affect the future of media M&A for decades to come

    7 days ago - By Business Insider

    The $85 billion merger between AT&T and Time Warner was approved Tuesday.
    The DOJ lost its antitrust lawsuit to block the vertical merger.
    The case was closely followed by an industry in the midst of other M&A deals.
    In one of the most anticipated antitrust rulings in decades, Federal Judge Richard Leon approved the $85 billion merger between AT&T and Time Warner.
    The deal, nearly two years in the making, net a massive, and potentially legacy-sealing, win for AT&T chief executive Randall Stephenson.
    The case was closely followed by an industry in the midst of consolidation.
    "This decision...
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  • A judge just approved the $85 billion merger between AT&T and Time Warner - and it will affect the future of media M&A for decades to come

    A judge just approved the $85 billion merger between AT&T and Time Warner - and it will affect the future of media M&A for decades to come

    7 days ago - By Business Insider

    The $85 billion merger between AT&T and Time Warner was approved Tuesday.
    The DOJ lost its antitrust lawsuit to block the vertical merger.
    The case was closely followed by an industry in the midst of other M&A deals.
    In one of the most anticipated antitrust rulings in decades, Federal Judge Richard Leon approved the $85 billion merger between AT&T and Time Warner.
    The deal, nearly two years in the making, net a massive, and potentially legacy-sealing, win for AT&T chief executive Randall Stephenson.
    The case was closely followed by an industry in the midst of consolidation.
    "This decision...
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  • AT&T Is Acquiring Time Warner. Now What?

    7 days ago - By Fast Company

    With Judge Richard Leon approving the AT&T acquisition of Time Warner, the rest of the global entertainment industry is in for a tumultuous ride as rivals scale to compete with Netflix and Disney.
    A grueling 18 months after AT&T first expressed its intent to acquire Time Warner in an $85 billion mega-merger, Judge Richard Leon today ruled that the deal could go through-with no conditions, which was surprising to most of those who've been following the drama. The government had sought to prevent the merger on antitrust grounds, saying that the combination of a wireless data giant with one...
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  • AT&T wins U.S. court approval to buy Time Warner for $85 billion

    7 days ago - By Reuters

    WASHINGTON - AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, allowing AT&T to compete with internet companies that dominate digital advertising and providing new sources of revenue.
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  • Judge Approves AT&T Deal to Buy Time Warner

    7 days ago - By Fortune

    The long-delayed deal to merge AT&T and Time Warner will be allowed to move forward, a federal judge ruled in the closely watched antitrust case. The ruling on the AT&T Time Warner deal will have a major impact not just in shaping the media and telecom industries, but also in influencing merger and acquisition activity among large companies.
    Judge Richard Leon of the U.S. District Court of for the District of Columbia issued an opinion Tuesday afternoon that the deal could go through without any conditions, helping to ensure the deal will happen before a deadline set for next week.
    It's...
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