AT&T and Justice Department continue battle over $85.4 billion Time Warner acquisition

  • 📰 NBCNews
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

More than two years after AT&T announced its $85.4 billion acquisition of Time Warner, the telecom giant and the Justice Dept. are still battling over the legality of the deal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This shows you how powerful AT&T and other large corportions are. When they can spend millions of dollars to fight the DOJ, you know America is in trouble.

Meanwhile TWC under the guise of Spectrum have raised rates every month since acquisition.

If they paid that much they got ripped off

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bristol-Myers Squibb's $74 billion acquisition of Celgene would combine two troubled companiesHeavy debt, faltering in 2018, and cracks in the deal: Bristol-Myers Squibb's $74 billion acquisition of Celgene combines 2 troubled companies. That's like merging Deutsche Bank and Commerzbank. Guess 1-(-1) = 2
Source: CNBC - 🏆 12. / 72 Read more »

Vizio and LeEco reach settlement following the collapse of $2 billion acquisition last yearVizio and LeEco settle their dispute over a $2 billion acquisition deal that collapsed last year — via Variety
Source: BusinessInsider - 🏆 729. / 51 Read more »

SoftBank’s Biggest Backers Balk at Planned $16 Billion Acquisition of WeWorkKey investors in SoftBank’s giant tech fund have balked at a planned $16 billion investment in co-working startup WeWork, leaving SoftBank Chief Masayoshi Son to find an alternative as his ambitions hit up against the limits of his financial firepower. We spend $5 billion about every 5 seconds. In the long run it would probably save money in border patrol man hours and costs associated with illegal immigration. Softbank should not put more money in WeWork. It is a losing proposition. A slight slow down in economy would make WeWork business model untenable. What a waste of money, it’s commercial property space not a dot com!
Source: WSJ - 🏆 98. / 63 Read more »