Tag: Time Warner
-
AT&T-Time Warner Antitrust Trial Date Set For March 19th
Today it was announced that the Department of Justice lawsuit to block the AT&T merger with Time Warner will be in court on March 19th 2018. This will cut it very close to AT&T’s April 22nd, 2018 date for the deal to end if no ruling has been reached and the Judge did warn that…
-
AT&T Gives Themselves More Time to Close the Time Warner Deal After DOJ Lawsuit
After the recent lawsuit from the Department of Justice AT&T has pushed back the termination deadline for its planned $108.7 billion purchase of Time Warner. After announcing plans to push back the deadline today AT&T officially filed with the SEC for more time to close their Time Warner deal. This deal will give AT&T ownership…
-
AT&T Issues a Statement on The DOJ Lawsuit to Blocking Their Acquisition of Time Warner
Yesterday it was reported was later disputed but never completely disproven. Now Reuters has reported that the Justice Department plans to sue AT&T to prevent it from buying Time Warner. According to the Justice Department, the sale could be a “major antitrust matter.” Now AT&T has replied to the DOJ lawsuit with an official statement: “Today’s…
-
Report: The Justice Department Plans to Sue AT&T to Block Time Warner Purchase
For some time now we have heard the Justice Department was concerned about AT&T’s purchase of Time Warner. It was first reported by the New York Times that the Depart of Justice has called on AT&T and Time Warner to sell Turner Broadcasting Group the group of cable networks including CNN as a potential requirement for approving…
-
Report: The Government Never Tried to Force a CNN Sale
Earlier this week it was reported that the Department of Justice was trying to get AT&T to sell DIRECTV or CNN as a condition for approval of their purchase of Time Warner. (The content company not the cable TV company.) Having assets sold or control limited is not an unusual request in mergers like this.…
-
Report: DOJ Asks For The Sale of CNN or DIRECTV in AT&T-Time Warner Deal
Today The New York Times reported that the Depart of Justice has called on AT&T and Time Warner to sell Turner Broadcasting Group the group of cable networks including CNN as a potential requirement for approving the companies’ pending $85.4 billion deal. Or sell off DIRECTV and keep the cable networks. The demand puts pressure on…
-
Report: The DOJ May Try to Block AT&T’s Purchase of Time Warner
Recently we have been hearing reports that the AT&T purchase of Time Warner was all but a done deal. (Remember: This is Time Warner the content company that owns channels such as HBO not the cable TV company.) Now The Wall Street Journal is reporting that the Department of Justice (DOJ) is looking at their…
-
AT&T Gives Themselves More Time to Close the Time Warner Deal
AT&T has pushed back the termination deadline for its planned $108.7 billion purchase of Time Warner. This deal will give AT&T ownership over many popular channels including HBO, CNN, and Cartoon Network. (Note: Time Warner and Time Warner Cable are two different companies. This deal is only for Time Warner the entertainment company.) Currently, the…
-
AT&T’s Deal to Buy HBO & All of Time Warner Is Expected to Close Soon
AT&T has slowly been making progress on its plans to buy Time Warner (not the cable company, the TV company that owns HBO and CNN) and now it is reported that the deal will close in the next 60 days. According to reports from the Los Angeles Times, full regulatory approval of the deal could…
-
AT&T is Closer to Buying Time Warner
Last year it was announced that AT&T and Time Warner had agreed to a deal that would sell Time Warner to AT&T. That was only half the story, because the deal needs several government agencies to agree before it can happen. Now Bloomberg is reporting that AT&T and the Department of Justice are deep in…