U.S. Sues to Block AT&T Purchase of Time Warner

Washington Free Beacon -

Washington Free Beacon—WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc (T.N) on Monday to block its $85.4 billion acquisition of Time Warner Inc (TWX.N), saying the deal could raise prices for rivals and pay-TV subscribers. The post U.S. Sues to Block AT&T Purchase of Time Warner appeared first on Washington Free Beacon.

U.S. sues to block AT&T purchase of Time Warner. WASHINGTON (Reuters) - The U.S. Department of Justice sued AT&T Inc on Monday to block its $85.4 billion acquisition of Time Warner Inc , saying the deal could raise prices for rivals and pay-TV subscribers.