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AT&T confident court will reject Justice Department challenge to Time Warner deal
November 20, 2017 / 9:36 PM / 25 days ago

AT&T confident court will reject Justice Department challenge to Time Warner deal

WASHINGTON (Reuters) - AT&T Inc (T.N) said on Monday it is confident a federal court reject the Justice Department’s expected challenge to its planned $85. 4 billion acquisition of Time Warner Inc (TWX.N).

    The company’s general counsel, David McAtee, said the suit was “a radical and inexplicable departure from decades of antitrust precedent.” He added in a statement that the company saw “no legitimate reason for our merger to be treated differently” than other vertical mergers.

    Reporting by David Shepardson; Editing by Dan Grebler

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