AT&Ts Purchase of Time Warner is Legal. Thoughts?
Today a federal judge ruled that AT&T can proceed with its planned acquisition of Time Warner.
This win in one of the biggest antitrust cases in recent decades is big for AT&T. It is possible that this acquisition will trigger more media mergers. Other companies like Comcast, who is planning to buy many of 21 Century Fox's assets, have been waiting on the outcome of this ruling before proceeding.
Are you surprised by the ruling? And has the media become too consolidated?
Personally, I think that this just shows how the rich are getting richer at the expense of the common man!
not surprised - vertical merger. media companies have nowhere else to go besides consolidate.
I don't think Comcast will get the successful bid.
Comcast has http://money.cnn.com/2018/06/13/media/comcast-fox-bid/index.html?sectio…</a">gone forward with their proposal
If AT&T gets to take over Time Warner, we can expect a landslide (Originally Posted: 06/12/2018)
Today is the ruling for the AT&T - Time Warner merger. If this gets approved, we can expect a lot of changes in the media and telecom industry. More mergers, stock price trends, even net neutrality. A lot to watch out for.
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