AT&T finalizes deal to acquire Time Warner

The deal was finalized after a federal judge said the Justice Department failed to prove that AT&T's planned acquisition of Time Warner would harm consumers. File Photo by John Angelillo/UPI

June 15 (UPI) — AT&T completed its $85.4 billion acquisition of Time Warner, the company announced Thursday.

The announcement comes two days after U.S. District Judge Richard Leon approved the merger, which was challenged by the Justice Department on grounds that would restrict pay-TV competition.


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