As it turns out, The DOJ is just not prepared to enable a federal judge’s selection to eliminate its obstacle to the AT&T-Time Warner merger go unchallenged. A month right after the judge’s ruling was handed down – and soon after the choose properly warned the federal government not to charm – the DOJ has performed just that, reviving the federal government’s struggle to block the $85 billion ‘vertical integration’ offer.
— Reuters Business (@ReutersBiz) July 12, 2018
The news despatched shares of AT&T lower just underneath 1% in the soon after-sector:
Investors will now be seeking out for far more info about what facet of the judge’s ruling the DOJ will decide on to problem.