AT&T prevails in appeal over Time Warner acquisition

Published: 02.03.2019 Related countries:  U.S.A. U.S.A.

AT&T prevails in appeal over Time Warner acquisition

AT&T has won once again in its battle with the U.S. government over its acquisition of Time Warner. The U.S. Court of Appeals for the District of Columbia Circuit affirmed an earlier ruling in favor of the Dallas-based company, according to a filing on Tuesday. The U.S. Department of Justice had appealed a lower court decision last year that failed to stop the acquisition of Time Warner. “We affirm the district court’s order denying a permanent injunction of the merger,” Judge Judith Rogers wrote in the decision. This is a key victory for AT&T, and David McAtee, the company's general counsel, hopes the legal battle can now end.

Source: https://www.bizjournals.com/newyork/news/2019/02/26/at-t-time-warner.html

Prepared by the team of foreign office CzechTrade New York