Updated to include comments from At&T CEO Randall Stephenson: Not so fast, At&T.
After a flurry of corporate blue-skying over the past month since the official close of the company’s merger with Time Warner, antitrust regulators at the Department of Justice have filed an appeal of the judge’s decision that allowed it to happen.
The appeal comes after the $85 billion deal was sealed, meaning a positive outcome for the government in its latest effort would entail a breakup not unlike those At&T has been forced to cope with before in its century-plus of corporate empire-building.
The terse notice of appeal (read it here) is signed by Craig Conrath, who led the government’s legal team during the six-week trial of the lawsuit in the spring. The notice contains none of the reasoning behind the appeal, though the Doj is likely to continue insisting that the...
After a flurry of corporate blue-skying over the past month since the official close of the company’s merger with Time Warner, antitrust regulators at the Department of Justice have filed an appeal of the judge’s decision that allowed it to happen.
The appeal comes after the $85 billion deal was sealed, meaning a positive outcome for the government in its latest effort would entail a breakup not unlike those At&T has been forced to cope with before in its century-plus of corporate empire-building.
The terse notice of appeal (read it here) is signed by Craig Conrath, who led the government’s legal team during the six-week trial of the lawsuit in the spring. The notice contains none of the reasoning behind the appeal, though the Doj is likely to continue insisting that the...
- 7/12/2018
- by Dade Hayes and Dawn C. Chmielewski
- Deadline Film + TV
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