Judge Says AT&T Can Buy Time Warner
AT&T today was given permission to buy Time Warmer with no conditions and no divestitures. The ruling was handed down by U.S. District Judge Richard Leon. The ruling settles the lawsuit filed by the U.S. Department of Justice, which has opposed the deal from the start. The Justice Department believes AT&T will use Time Warner's content as a weapon against consumers, raising prices and limiting competition. AT&T says it needs to acquire Time Warner in order to compete with Verizon Communications. The government will not require AT&T to meet any special conditions to finalize the merger, nor sell any properties. In a last-minute twist, Justice Department attorney Craig Conrath asked the judge to take some protective measures, such as concessions, should he allow the deal to proceed. It appears as though Leon did not feel this tactic was warranted. The deal is valued at $85.4 billion. Time Warner owns HBO and CNN.
Justice Dept. Gives AT&T-Time Warner Judge a Way Out
May 1, 2018
The Justice Department, during closing arguments of its case against the AT&T-Time Warner merger, suddenly suggested the judge weigh "alternative" remedies should he choose not to block the deal. The Justice Department has fought against the merger from the start, saying AT&T would use Time Warner's content as a weapon against consumers, raising prices and limiting competition.
AT&T Giving HBO to Unlimited Plus Customers for Free
Apr 5, 2017
AT&T today said customers who subscribe to its Unlimited Plus wireless plan will be given free access to HBO. There are three ways to watch HBO for free.
AT&T Finalizes Acquisition of Time Warner
Jun 14, 2018
AT&T today said it has completed its purchase of Time Warner, a deal originally valued at $85.4 billion when it was announced in October 2016. Earlier this week, a U.S.
AT&T's Throttled Unlimited Plan Scores HBO
Sep 12, 2017
AT&T today said customers who subscribe to its Unlimited Choice wireless plan will be given free access to HBO. There are three ways to watch HBO for free.