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Federal Judge Overrules Justice Department, Clearing The Way For AT&T-Time Warner Merger


WASHINGTON D.C. (CelebrityAccess) — A Federal Judge on Tuesday ruled that AT&T could complete its proposed $85 billion takeover of Time Warner, including its various media properties such as HBO and DC Entertainment.

In handing down his ruling, federal judge Richard Leon said that the U.S. Justice Department, whose anti-trust unit brought the case, failed to provide reasonable proof that the merger would have a negative impact on consumers or competition.