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AT&T Isn’t Distressed about the DOJ’s Appeal of Time Warner Deal

Andrew Smith
AT&T Isn’t Distressed about the DOJ’s Appeal of Time Warner Deal

The United States Department of Justice (or DOJ) has appealed Judge Richard Leon’s decision to allow AT&T’s (T) $85.4 billion acquisition of Time Warner, raising the possibility that the deal could be blocked. The appeal came after the companies closed the merger deal on June 14 after winning a six-week court trial.