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US Justice Department To Appeal AT&T/Time Warner Merger

Credit: Wochit Business
Published on July 12, 2018 - Duration: 00:41s

US Justice Department To Appeal AT&T/Time Warner Merger

According to Reuters, the U.S. Justice Department says it will appeal a federal judge’s approval of AT&T's $85.4 billion acquisition of Time Warner.

AT&T was previously sued by the Justice Department on antitrust grounds, but U.S. District Judge Richard Leon approved the deal last month, allowing it to move forward.

On Thursday, AT&T general counsel David McAtee said the company was “surprised” the Justice Department is appealing.

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US Justice Department To Appeal AT&T/Time Warner Merger

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