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U.S. Justice Department Says It’s Appealing AT&T-Time Warner Merger Decision

David McLaughlin, Andrew M Harris
U.S. Justice Department Says It’s Appealing AT&T-Time Warner Merger Decision

The U.S. Justice Department said it’s appealing a judge’s decision allowing AT&T Inc.’s takeover of Time Warner Inc., renewing the government’s antitrust fight against a merger that created a telecommunications and media giant. The department’s antitrust division filed a one-sentence notice of appeal Thursday in federal court in Washington. AT&T shares declined 1.1 percent to $31.86 in extended trading at 5:05 p.m. in New York.