DOJ won't stand in the way of AT&T-Time Warner merger


CNET—The government might still appeal the court's decision though.

DOJ Won't Appeal AT&T-Time Warner Merger Ruling. The Justice Department has agreed to let AT&T complete its purchase of Time Warner, according to joint government filings, clearing the way for a quick conclusion to a deal to be completed as soon as Friday. A federal judge ruled on Tuesday that AT&T's $85.4 billion bid for Time Warner was legal, imposing no conditions on the merger, reported. The government had the option to seek a stay, delaying the merger for a designated waiting period, but has foregone that option. Photo...