AT&T says timing of Time Warner deal completion now uncertain [telecom]
(Reuters) - The U.S. Department of Justice is pushing AT&T Inc for "structural remedies" in order to satisfy antitrust concerns over its purchase of Time Warner Inc, a source told Reuters on Wednesday.
Structural remedies, which generally involve the sale of assets, represent a greater hurdle for AT&T than merely meeting conditions on what the company can and cannot do after the deal.
The Justice Department's demand may complicate its continuing conversations with AT&T, which said on Wednesday it was now uncertain when the deal would be completed.
Posted 5 years ago by Bill Horne in General Telecommunications Forum
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