US files suit to block AT&T $85 bn deal for Time Warner
AT&T said Monday that US antitrust enforcers filed suit
Washington - AFP
AT&T said Monday that US antitrust enforcers filed suit to block its merger with Time Warner, setting up a major court battle over the $85 billion tieup.
The deal announced more than a year ago would merge vast content of Time Warner units like premium cable channel HBO and news channel CNN with the massive internet and pay TV delivery networks of AT&T.
A statement from AT&T came ahead of an expected announcement from the Justice Department
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