Judge Approves AT&T-Time Warner $85 Billion Merger

(CBSNEWS) – U.S. District Court Judge Richard Leon has approved AT&T’s proposed $85 billion purchase of Time Warner, a corporate combination that promises to unleash even more megamergers in the fast-changing media business.
The judge’s opinion permits the merger to go forward with no conditions, according to CNBC and Reuters. The Trump administration had opposed the merger, which promises to join one of the country’s biggest telecom providers with a media giant.
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