|Bid||100.15 x 1500|
|Ask||100.16 x 500|
|Day's Range||99.31 - 100.88|
|52 Week Range||74.27 - 102.45|
|PE Ratio (TTM)||19.11|
|Dividend & Yield||1.61 (1.62%)|
|1y Target Est||N/A|
Democrats asked for merger guidelines that take a 'broader, longer-term view" and 'strong presumptions that market concentration can result in anti-competitive conduct.'
AT&T (NYSE: T) took a step toward closing on its $85-billion acquisition of Time Warner, Inc., (TWX) which would vault the U.S.’ largest pay TV distributor into the realm of some of the largest producers of video content. The Dallas telecom has been engaged in the regulatory approval process all year, as the Department of Justice examines whether the merger violates antitrust rules and grants AT&T an unfair advantage in the marketplace. Now, the two sides are discussing regulatory conditions, according to a report from Bloomberg .
The early-stage discussions hint that government lawyers are nearly finished reviewing how AT&T's acquisition of the HBO and CNN parent would shape the media sector.