AT&T applauds decision, looks to close on Time Warner by June 20
In its first statement on its landmark victory, AT&T says it applauds the decision and is pressing for a quick closing of its $80B-plus buyout of Time Warner
“We are pleased that, after conducting a full and fair trial on the merits, the Court has categorically rejected the government’s lawsuit to block our merger with Time Warner," General Counsel David McAtee says.
"We thank the Court for its thorough and timely examination of the evidence, and we compliment our colleagues at the Department of Justice on their dedicated representation of the government. We look forward to closing the merger on or before June 20 so we can begin to give consumers video entertainment that is more affordable, mobile, and innovative.”
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