Business

Investors unfazed by suit to block AT&T-Time Warner deal as Justice Department faces tough battle

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The United States Department of Justice has filed an antitrust lawsuit to prevent AT&T and Time Warner from completing an $85 billion merger.

Source: Deutsche Welle

Investors on Tuesday appeared to shrug off the Justice Department’s suit to block AT&T Inc.’s purchase of Time Warner Inc. AT&T stock was down slightly in early trading on Wall Street.

Some fear the move may be politically motivated.

Source: Deutsche Welle

All Sources: Los Angeles Times Deutsche Welle

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