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AT&T confident court will reject Justice Department challenge to Time Warner deal

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Reuters WASHINGTON

WASHINGTON (Reuters) - AT&T Inc said on Monday it is confident a federal court reject the Justice Department's expected challenge to its planned $85. 4 billion acquisition of Time Warner Inc .

The company's general counsel, David McAtee, said the suit was "a radical and inexplicable departure from decades of antitrust precedent." He added in a statement that the company saw "no legitimate reason for our merger to be treated differently" than other vertical mergers.

(Reporting by David Shepardson; Editing by Dan Grebler)

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Nov 21 2017 | 3:01 AM IST

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