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AT&T-Time Warner ruling gives a green light to media companies to consolidate

latimes.com
AT&T-Time Warner ruling gives a green light to media companies to consolidate

U.S. District Judge Richard Leon decided that AT&T could complete its $85.4-billion takeover of Time Warner Inc., which owns HBO, CNN, TNT, TBS and Warner Bros. AT&T already is the nation's largest pay-TV provider and the deal — which is expected to be finalized by June 20 — will transform AT&T into