AT&T drops after Trump administration appeals Time Warner merger (T)

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markets.businessinsider.com—The Department of Justice on Thursday filed a motion to appeal a court's approval of AT&T's $85 billion merger with Time Warner. A decision could take over a year, an analyst said, and is unlikely to change the outcome.  Follow AT&T's stock price in real-time here.  Shares of AT&T sank as much as 2% overnight after the Department of Justice on Thursday appealed a court's ruling that the company could buy Time Warner for $85 billion. The long-shot appeal comes almost exactly a month...

Trump administration files surprise appeal against federal judge's approval of AT&T-Time Warner merger. WASHINGTON — Stung by a federal judge's dismissal of its objections to AT&T's megamerger with Time Warner, the Trump Justice Department is challenging the decision with a legal appeal. The Justice Department said in a one-sentence document Thursday it is appealing the ruling last month by U.S....