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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.

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