Media colossus Time Warner's takeover of telecommunications giant AT&T was supposed to have been sealed last fall. But then the US government stepped in to block it. Now a judge has put an end to the deadlock.
Ivanka Trump rejected her father's accusation that the media is "the enemy of the people." Hours later, Donald Trump doubled down on his attacks at a fiery rally, calling the media "fake, fake disgusting news."
The United States Department of Justice has filed an antitrust lawsuit to prevent AT&T and Time Warner from completing an $85 billion merger. Some fear the move may be politically motivated.
US telecommunications giant AT&T is reported to be in advanced talks to acquire Time Warner, the owner of CNN and HBO. It would be the biggest deal in the world this year.
Telecommunications giant AT&T has agreed to buy media company Time Warner in a deal worth $85.4 billion. The deal, the world's largest this year, could shake up the media landscape but still needs regulatory approval.
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