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.

formatting link

Reply to
Bill Horne
Loading thread data ... Forums website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.