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AT&T: court decision clears way for Time Warner deal

(CercleFinance.com) - US mobile service provider AT&T applauded a court decision that clears the way for its proposed 85 billion dollar acquisition of media giant Time Warner.


Yesterday a federal court categorically rejected the Department of Justice's lawsuit to block the company's planned merger with Time Warner, the phone operator said.

AT&T now expects to close the merger by 20 June.

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