• After AT&T ruling, US stocks are mixed ahead of Fed meeting

    4 monthes ago - By Chron

    NEW YORK - U.S. stocks are mixed Wednesday morning after a federal court ruled in favor of AT&T's acquisition of Time Warner. That could pave the way for other megadeals in the media and phone industries, and investors bet that big deals in the health care field also have a better chance of getting approved now. Investors are also waiting for the Federal Reserve to conclude its current meeting, where the central bank is expected to raise interest rates.
    KEEPING SCORE: The S&P 500 index rose 2 points, or 0.1 percent, to 2,789 as of 10:25 a.m. Eastern time. The benchmark index is at its...
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  • Fox surges as AT&T's court victory appears to give its Disney deal the green light - but a bidding war could be on the horizon

    4 monthes ago - By Chron

    Thomson Reuters
    A judge approved AT&T's $85.4 billion takeover of Time Warner on Tuesday, signaling that other deals could likely be approved as well.
    Disney, which wants to buy 21st Century Fox, sank in early trading as investors await a potential competing bid from Comcast
    Shares of Fox rose more than 7%, while Comcast sank about 3%
    Shares of 21st Century Fox rose more than 7% in early trading Wednesday after a Federal judge ruled AT&T could buy Time Warner for $85.4 billion, largely seen as a positive sign for future mergers.
    Disney, which has been mulling a $52 billion bid for Fox's...
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  • AT&T and Time Warner's court victory was the final hurdle to clear before an M&A explosion - and now the floodgates are open

    AT&T and Time Warner's court victory was the final hurdle to clear before an M&A explosion - and now the floodgates are open

    4 monthes ago - By Business Insider

    On Tuesday, a judge approved the merger of Time Warner and AT&T, ending a lengthy regulatory process that involved the US Department of Justice suing to block the deal.
    The ruling portends big things ahead for other so-called vertical mergers, many of which are still pending, including a pair of massive, high-profile healthcare deals.
    Meanwhile, there are multiple market forces in play that suggest M&A activity could be set to explode further.
    When AT&T and Time Warner finally received approval for their blockbuster $85 billion merger on Tuesday, everyone involved in the deal rejoiced...
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  • Wall Street flat, media stocks jump after AT&T ruling

    4 monthes ago - By Reuters

    U.S. stocks were flat on Wednesday ahead of the Federal Reserve's policy announcement, while media shares got a boost from a court approval for AT&T's $85 billion takeover of Time Warner.
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  • As Investors Await Fed Decision, Market Appears Upbeat On AT&T-Time Warner Ruling

    4 monthes ago - By Forbes

    A judge gave the go-ahead for the AT&T-Time Warner deal, and Wall Street appears to be loving it. Meanwhile, investors are awaiting an expected rate hike by the Fed and looking for clues about a fourth rate hike.
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  • What you need to know in advertising today

    What you need to know in advertising today

    4 monthes ago - By Business Insider

    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, netted 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.
    To
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  • Markets Right Now: Stocks opening slightly higher Wednesday

    4 monthes ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    9:40 a.m.
    Stocks are opening slightly higher Wednesday, with investors focused on the approval of AT&T's takeover of Time Warner as well as the Fed statement due in the afternoon.
    AT&T fell 4.2 percent and Time Warner gained 3.7 after a judge cleared the way for the $85 billion takeover of Time Warner. The ruling also brought deals involving Comcast, Twenty-First Century Fox and Disney into investors' sights.
    With the Fed expected to announce a slight rate increase, attention will focus
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  • The Winners and Losers From the AT&T Verdict

    4 monthes ago - By NY Times

    The impact of yesterday's ruling on AT&T's bid for Time Warner stretches far beyond those who were present in the courtroom.
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  • Wall Street opens flat, media stocks in focus

    4 monthes ago - By Reuters

    U.S. stock indexes opened little changed on Wednesday as gains in healthcare stocks offset losses in AT&T, whose $85 billion takeover of Time Warner was approved by a court.
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  • Fox surges as AT&T's court victory appears to give its Disney deal the green light - but a bidding war could be on the horizon

    Fox surges as AT&T's court victory appears to give its Disney deal the green light - but a bidding war could be on the horizon

    4 monthes ago - By Business Insider

    A judge approved AT&T 's $85.4 billion takeover of Time Warner on Tuesday, signaling that other deals could likely be approved as well.
    Disney, which wants to buy 21st Century Fox , sank in early trading as investors await a potential competing bid from Comcast
    Shares of Fox rose more than 7%, while Comcast sank about 3%
    Shares of 21st Century Fox rose more than 7% in early trading Wednesday after a Federal judge ruled AT&T could buy Time Warner for $85.4 billion, largely seen as a positive sign for future mergers.
    Disney, which has been mulling a $52 billion bid for Fox's production...
    Read more ...

     

  • Fox surges as AT&T's court victory appears to give its Disney deal the green light - but a bidding war could be on the horizon

    Fox surges as AT&T's court victory appears to give its Disney deal the green light - but a bidding war could be on the horizon

    4 monthes ago - By Business Insider

    A judge approved AT&T 's $85.4 billion takeover of Time Warner on Tuesday, signaling that other deals could likely be approved as well.
    Disney, which wants to buy 21st Century Fox , sank in early trading as investors await a potential competing bid from Comcast
    Shares of Fox rose more than 7%, while Comcast sank about 3%
    Shares of 21st Century Fox rose more than 7% in early trading Wednesday after a Federal judge ruled AT&T could buy Time Warner for $85.4 billion, largely seen as a positive sign for future mergers.
    Disney, which has been mulling a $52 billion bid for Fox's production...
    Read more ...

     

  • AT&T - Time Warner Deal: Reviewing The Benefits And Risks

    4 monthes ago - By Forbes

    A Federal judge ruled on Tuesday that AT&T could proceed with its acquisition of media behemoth Time Warner, without any conditions, marking a significant win for the company as the deal was opposed by the U.S. Justice Department on antitrust grounds.
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  • Fox surges as AT&T's court victory appears to give its Disney deal the green light - but a bidding war could be on the horizon

    Fox surges as AT&T's court victory appears to give its Disney deal the green light - but a bidding war could be on the horizon

    4 monthes ago - By Business Insider

    A judge approved AT&T 's $85.4 billion takeover of Time Warner on Tuesday, signaling that other deals could likely be approved as well.
    Disney, which wants to buy 21st Century Fox , sank in early trading as investors await a potential competing bid from Comcast
    Shares of Fox rose more than 7%, while Comcast sank about 3%
    Shares of 21st Century Fox rose more than 7% in early trading Wednesday after a Federal judge ruled AT&T could buy Time Warner for $85.4 billion, largely seen as a positive sign for future mergers.
    Disney, which has been mulling a $52 billion bid for Fox's production...
    Read more ...

     

  • M&A gates open with judge's blessing on AT&T-Time Warner merger

    4 monthes ago - By Reuters

    A federal judge on Tuesday gave a ringing endorsement to AT&T Inc's planned acquisition of Time Warner Inc without any conditions, opening the door for companies such as Comcast Corp and Verizon Communications Inc to pursue deals to buy creators of media content.
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  • Data Sheet-Why AT&T's Time Warner Deal Brings the Future of Television Closer

    4 monthes ago - By Fortune

    U.S. District Court judges sure do love to write. Back in the Microsoft antitrust case, the late Judge Thomas Penfield Jackson issued a 207-page tome with findings of facts and another 46-page decision with his findings of law. On Tuesday, in the same courthouse, Judge Richard Leon rendered his verdict allowing AT&T to acquire Time Warner for $108 billion and remake the entertainment landscape. It only took 172 pages.
    Reading through Leon's unsearchable, uncut-and-pastable PDF file , the same annoying format judges have been using since before the Microsoft case, it's about halfway through...
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  • An unlikely winner from the AT&T-Time Warner decision: CVS Health

    4 monthes ago - By CNBC

    Shares of drugstore CVS Health jumped Wednesday, a day after a U.S. District Court decided to permit AT&T's bid for Time Warner.
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  • Media, telecom shares lift futures; Fed awaited

    4 monthes ago - By Reuters

    A court approval for AT&T's $85 billion takeover of Time Warner lifted media and telecom shares on Wednesday, helping U.S. stock futures ahead of the U.S. Federal Reserve's policy announcement.
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  • The blueprint for the disastrous AT&T-Time Warner deal was written years ago by the Comcast-NBC merger

    4 monthes ago - By Stl Today

    In the aftermath of a federal judge's approval Tuesday of the mega-merger between AT&T and Time Warner, you'll be reading about how this deal will vastly remake the entertainment and information landscape, most likely at consumers' expense. That take is...
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  • AT&T slips after Time Warner buyout gets approval

    4 monthes ago - By Reuters

    Shares of AT&T Inc fell 2 percent on Wednesday after a federal judge approved the telecom company's $85 billion buyout of Time Warner Inc, clearing the path for more deals in a rapidly changing media industry.
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  • Judge Rejects DOJ Arguments, Approves AT&T-Time Warner Merger

    4 monthes ago - By NPR

    A federal judge has approved AT&T's $85 billion deal to acquire Time Warner. How will the decision impact other telecom and media giants, along with their customers?
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