Breaking AT&T, Time Warner’s merger cleared by court

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Manu

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MUMBAI: 20 months after AT&T’s announced its potential deal for Time Warner, the US District Court for the District of Columbia has cleared the merger between the two giant companies. The ruling will now enable AT&T to purchase Time Warner for $85 billion.

Many analysts see the judgment as a blow to the Donald Trump administration that was not in favour of the deal.

AT&T, Time Warner’s merger cleared by court
 
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