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AT&T, Time Warner close $81 billion merger 2 days after judge OKs

Updated : June 15, 2018 01:28 PM IST

The merger could shape the way consumers stream TV and movies and how much they pay, and stands to usher in a new era of accelerating change and deal making in the media and telecom worlds.
US District Judge Richard Leon ruled against the government's attempt to block the megamerger on anti-competitive grounds.
It was the first time in decades that the government had sued to block a merger of two companies that don't compete directly with each other.
AT&T, Time Warner close $81 billion merger 2 days after judge OKs

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