WSJ - US Business

U.S. Considers Suit Against AT&T’s Deal for Time Warner

WASHINGTON—The Justice Department is laying the groundwork for a potential lawsuit challenging AT&T Inc.’s planned acquisition of Time Warner Inc. if the government and companies can’t agree on a settlement, according to people familiar with the matter.

The department’s antitrust division is preparing for litigation in case it decides to sue to block the deal, these people said. Simultaneously, the department and the companies are discussing possible settlement terms that would lead to the deal winning government approval…

WSJ.com: US Business

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