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AT&T, Time Warner extend merger deadline until June

The Justice Department sued in November to stop the $85 billion deal, and a trial is to begin on March 19

Reuters  |  Washington 

An AT&T logo is seen at a AT&T building in New York City. (Photo: Reuters)
An AT&T logo is seen at a AT&T building in New York City. (Photo: Reuters)

and media and entertainment group Time Warner Inc, which are seeking to merge despite opposition, extended the termination date for their deal to June 21, AT&T said in a filing on Friday.

The Justice Department sued in November to stop the $85 billion deal, and a trial is to begin on March 19.

said during a hearing at the for the in early December that he would likely not have a decision by the deadline in the companies' merger agreement, but would rule in late April or May.

Under a previous agreement, either company could terminate the deal if it was not completed as of April 22.

First Published: Fri, December 22 2017. 21:55 IST
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