By Matthew Rocco
Fox Business
June 12, 2018
AT&T on Tuesday won a federal judge’s approval for its $85 billion deal to acquire Time Warner, prevailing over the federal government.
U.S. District Judge Richard Leon rejected the government’s argument that a combination of AT&T and Time Warner would give the telecom giant an unfair advantage over rival cable companies. AT&T expects to complete the deal by June 20.