AT&T closes mega-merger with Time Warner

Disney’s $52.4 billion stock-based deal with Fox is still pending for the latter’s TV and film assets but Comcast has now thrown its hat in the ring as well with a competing bid. Comcast has made a higher offer that not only comes in at almost $65 billion but also happens to be an all-cash offer for $35 per share. The bid is expected to mark the beginning of a battle between the two companies with Fox having to decide which is the better option. Comcast’s bid for 21st Century Fox comes less than a month before the company’s board of directors is due to vote on the Disney bid on July 10th. “Time is of the essence for your consideration of our proposal, implored Comcast CEO Brian Roberts in a letter to Fox’s board.The company has bid almost $65 billion for the 20th Century Fox movie studio, 20th Century Fox Television, cable networks owned by Fox, various regional sports TV networks as well as the company’s stakes in Sky and Star TV networks. The deal will also net a

AT&T closes mega-merger with Time Warner

Wireless and broadband colossus AT&T on Thursday announced the close of its $85 billion merger with media-entertainment conglomerate Time Warner.

Fri 15 Jun 18 from Phys.org

AT&T antitrust win may herald a new wave of media mergers

Brace yourself for the likely new era of media megamergers.

Wed 13 Jun 18 from Phys.org

Judge clears AT&T-Time Warner deal, rebuking Trump administration

A US federal judge approved Tuesday the $85 billion merger of wireless and broadband giant AT&T with media-entertainment conglomerate Time Warner, delivering a stinging rebuke to Donald Trump's ...

Wed 13 Jun 18 from Phys.org

'Everything's on the line': AT&T's showdown with DOJ over Time Warner finally gets a decision today

A federal judge is expected to rule Tuesday on whether to block AT&T's $85 billion Time Warner merger, in what has become America's most closely watched antitrust trial in decades.

Tue 12 Jun 18 from The Washington Post

Fate of massive AT&T-Time Warner merger in US judge's hands

The fate of the AT&T-Time Warner merger, a massive media deal opposed by the government that could shape how much consumers pay for streaming TV and movies, rests in the hands of a federal judge.

Tue 12 Jun 18 from Phys.org

A judge is about to decide whether to block AT&T's merger with Time Warner. Here's what you need to know.

It's the biggest antitrust case of its kind since the Nixon administration.

Mon 11 Jun 18 from The Washington Post

Blockbuster antitrust trial impact to go beyond AT&T, Time Warner

With a judge set to rule in the trial over the merger of AT&T and Time Warner, any decision could have a far-reaching impact on the media and communications sector and the future course of antitrust ...

Sun 10 Jun 18 from Phys.org

Comcast Offers $65 Billion For 21st Century Fox Against Disney

Disney’s $52.4 billion stock-based deal with Fox is still pending for the latter’s TV and film assets but Comcast has now thrown its hat in the ring as well with a competing bid. ...

Thu 14 Jun 18 from Ubergizmo

AT&T wins court approval to buy Time Warner over Trump opposition

WASHINGTON (Reuters) - AT&T Inc won approval from a U.S. court on Tuesday to buy Time Warner Inc for $85 billion, dealing a blow to U.S. President Donald Trump's administration which tried to ...

Tue 12 Jun 18 from Reuters Technology

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