AT&T’s Time Warner takeover wins judge’s approval
SFGate -

WASHINGTON — A federal judge on Tuesday approved the blockbuster merger between AT&T and Time Warner, rebuffing the government’s effort to block the $85.4 billion deal, in a decision that is expected to unleash a wave of takeovers in corporate America.

The judge, Richard Leon of the U.S. District Court in Washington, said the Justice Department had not proved that the telecommunications company’s acquisition of Time Warner would lead to fewer choices for consumers and higher...

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