AT&T’s Time Warner Takeover at Crossroads With Judge Weighing Ruling
- Companies, U.S. make closing arguments at antitrust trial
- Judge says he will rule on whether to allow deal June 12
This article is for subscribers only.
In the end, the fate of AT&T Inc.’s $85 billion merger with Time Warner Inc. will come down to he said versus he said.
Lawyers for AT&T and the Justice Department clashed one last time at the close of a six-week trial over the proposed combination, a deal the government aims to stop. The judge overseeing the antitrust case said Monday he’ll rule in a month and a half whether to block the deal.