• AT&T's Time Warner Acquisition Is Official

    8 days ago - By Android Headlines

    AT&T's Time Warner acquisition is official, costing the U.S.' second-largest wireless carrier in the amount of $85 Billion to snatch up the mega media corporation which includes brands like Turner, Warner Bros., and HBO, all three of which are massive entertainment networks with some pretty big content under their belts. With these sorts of brands (which CEO Randall Stephenson refers to as first-rate) under AT&T's already extensive umbrella, AT&T is looking to bring some competition and change to the media industry. Stephenson notes that as a result of the Time Warner acquisition and by...
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  • AT&T completes Time Warner acquisition

    AT&T completes Time Warner acquisition

    8 days ago - By PhoneDog

    A major merger involving a wireless player is now complete.
    AT&T today completed its acquisition of Time Warner. This news comes days after a judge said that the two companies should be allowed to merge , despite the U.S. Department of Justice's attempt to block the merger.
    AT&T originally announced its plans to acquire Time Warner for $85.4 billion back in 2016. Now that the deal is complete, Time Warner will join the likes of HBO, Turner, and Warner Bros., all of which are also part of AT&T's media business. A new name for the business will be announced in the future.
    Here's what AT&T...
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  • How Reuters reported the AT&T-Time Warner ruling first

    8 days ago - By Reuters

    For U.S. media companies and investors, it was the ruling of the decade.
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  • AT&T closes $85 billion deal for Time Warner

    8 days ago - By Reuters

    WASHINGTON - AT&T Inc, the No. 2 wireless carrier, on Thursday closed its $85 billion deal to acquire media company Time Warner Inc after it reached an agreement with U.S. antitrust regulators.
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  • AT&T completes $85 billion mega-merger with Time Warner - CNET

    8 days ago - By CNET

    Deal closes a day early after government said it wouldn't seek a stay to freeze the deal.
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  • AT&T's $85 billion acquisition of Time Warner is complete

    8 days ago - By Engadget

    After a judge ruled in favor of the acquisition, AT&T has officially swallowed up Time Warner. Now Warner Bros., HBO and Turner are a part of the company's media business, which is one of four segments:
    AT&T Communications provides mobile...
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  • AT&T finishes acquiring Time Warner, becoming massive media conglomerate

    AT&T finishes acquiring Time Warner, becoming massive media conglomerate

    8 days ago - By The Verge

    AT&T has completed its acquisition of Time Warner, just two days after a federal judge ruled the merger could clear despite the objections of the Justice Department and just hours after the Justice Department said it would allow the deal to close .
    The $85 billion deal puts the many massive media properties owned by Time Warner - including HBO, Warner Bros., and CNN - under the ownership of one of America's largest internet, TV, and phone service providers. It creates a whole mess of potential conflicts of interest when it comes to content favoritism, with opponents of the deal drawing...
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  • China regulators approve Qualcomm-NXP Semiconductors merger deal: SCMP

    8 days ago - By Reuters

    Chinese regulators have approved U.S. chipmaker Qualcomm Inc's proposed $44 billion merger deal with NXP Semiconductors , South China Morning Post reported on Thursday, citing people with knowledge of the matter.
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  • Justice Department Won't Seek Injunction to Stop AT&T-Time Warner Deal

    8 days ago - By NY Times

    The government could still appeal a court ruling allowing the merger. In the meantime, the two companies can close their deal.
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  • Justice Department Won't Appeal AT&T/Time Warner Ruling

    8 days ago - By Android Headlines

    The Department of Justice has announced that it will not seek an appeal on the ruling in the AT&T and Time Warner case that was made earlier this week. That may come as a surprise to many, but that means that AT&T is able to go through with the merger, and even expects to close the deal by Friday. Judge Richard Leon on Tuesday, announced that Time Warner could merge with AT&T for $85.4 billion. This merger was actually announced nearly 20 months ago, making this a very long and drawn out process, but the government wanted to block this vertical merger - and it was something that Trump...
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  • DOJ won't ask judge to delay AT&T-Time Warner merger - CNET

    8 days ago - By CNET

    The government may still appeal the court's decision to allow AT&T-Time Warner to merge, but it won't ask the court to delay closing the deal while it decides its next move.
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  • US Antitrust Chief Is Unphased After Losing The AT&T/Time Warner Case

    8 days ago - By Android Headlines

    This week, Judge Richard Leon made his decision in the AT&T/Time Warner merger, and sided with AT&T to allow the two companies to merge, and surprisingly, without any conditions attached. That was a big loss for the head of the antitrust division in the Justice Department, Makan Delrahim, and arguably Delrahim's biggest loss of his career. Delrahim stated after the ruling came out that he has taken an oath to uphold competition, also mentioning that he and his team will be reviewing the judge's opinion here and look towards the next steps.
    Despite losing the case, Delrahim is actually...
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  • The Justice Department will let the AT&T-Time Warner merger close

    The Justice Department will let the AT&T-Time Warner merger close

    8 days ago - By The Verge

    The Justice Department announced today that it will not seek a legal stay of the AT&T-Time Warner merger ruling, clearing the way for the completion of the giant deal.
    In a sharp rebuke to antitrust enforcers, a judge ruled this week that he would allow the deal to go through despite the Justice Department's lawsuit. In his decision, the judge suggested that an appeal would be futile and that granting a temporary legal stay of the ruling could unfairly scuttle the deal. With a deadline for the deal looming later this month, he wrote that using a stay to block the deal would be “unjust.”
    A...
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  • AT&T gets approval to buy Time Warner for $85 billion; deal tentatively closes June 20th

    AT&T gets approval to buy Time Warner for $85 billion; deal tentatively closes June 20th

    8 days ago - By Phone Arena

    AT&T has just increased its standing as a media giant after U.S. District Judge Richard Leon's ruling today that paves the way for the company to complete its purchase of Time Warner for $85 billion. The transaction will close on June 20th and makes AT&T the new owner of CNN, HBO, TNT and TBS. It also gives the company ownership of the iconic Time Warner movie studio and a large inventory of film titles including the Batman and Harry Potter series.
    UPDATE: The DOJ has decided not to appeal the approval of the AT&T-Time Warner merger and will no longer challenge ...
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