Sunday, October 23, 2016

Deal Raises More Than Antitrust Questions Like "Why?" and "What's The Point?"

AT&T to buy Time Warner for $85 billion; deal raises antitrust questions

AT&T made a deal to buy Time Warner for $85 billion, which would make it the nation's largest entertainment company and a major force in Hollywood, a person familiar with the deal said Saturday. The agreement, which was sealed at breakneck speed and expected to be announced late Saturday, accelerates the wave of consolidation in the…