Judge Rules AT&T Can Acquire Time Warner
Well that's interesting
Comcast preparing to announce bid for Fox on Wednesday if AT&T-Time Warner is approved, sources say
WASHINGTON—A federal judge ruled Tuesday that AT&T Inc. can proceed with its planned acquisition of Time Warner Inc., rejecting the Justice Department’s allegations that the deal would suppress competition in the pay-TV industry.
Well that's interesting
Comcast preparing to announce bid for Fox on Wednesday if AT&T-Time Warner is approved, sources say
All very interesting
- Comcast will formalize its all-cash bid for Fox's assets on Wednesday if AT&T's bid for Time Warner is approved, sources say.
- Comcast executives think Disney's stock will fall if AT&T's acquisition of Time Warner is approved because Disney will have to prepare for a bidding war.
- Comcast has already acknowledged it is in the advanced stages of preparing an all-cash rival bid.