DOJ Agrees To Let AT&T-Time Warner Merger Close But May Still Appeal

Apparently heeding the stern advice of a federal judge, the Department of Justice has agreed to allow the deal to close as early as tomorrow, declining to seek a stay that would have created yet more legal limbo for the transaction. The decision not to pursue a stay was revealed in a joint filing, which still reserved the government’s right to appeal Tuesday’s ruling by U.S. District Court Judge Richard J. Leon. That appeal, coming after the merger, would seek a court’s…
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