Time Warner Deal Skeptics Keep Shares 19% Below AT&T Terms

Updated on
  • Discount highlights regulatory risks to $85.4 billion deal
  • U.S. Senator Leahy calls for judiciary committee hearings

AT&T-Time Warner: Debt and a New Dawn for Media M&A

Time Warner Inc.’s 19 percent discount to AT&T Inc.’s buyout offer highlights the scrutiny the $85.4 billion deal will face with U.S. regulators and the difficulty investors have believing it will get done.

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