AT&T: Brazil watchdog approves Time Warner deal.
(CercleFinance.com) - AT&T said on Thursday that Brazil's antitrust authority has approved its acquisition of Time Warner.
With the Conselho Administrativo de Defesa Economica (CADE)'s approval, AT&T and Time Warner have now received all the necessary merger approvals outside the US.
In the US, the transaction is still under review by the Department of Justice.
AT&T expects the transaction to close by the end of 2017.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
With the Conselho Administrativo de Defesa Economica (CADE)'s approval, AT&T and Time Warner have now received all the necessary merger approvals outside the US.
In the US, the transaction is still under review by the Department of Justice.
AT&T expects the transaction to close by the end of 2017.
Copyright (c) 2017 CercleFinance.com. All rights reserved.