New story in Business from Time: AT&T Just Got Cleared to Buy Time Warner in a Massive $85 Billion Media Merger
AT&T Inc. was cleared by a judge to take over Time Warner Inc. in an $85 billion deal that the mobile-phone giant says will fuel its evolution into a media powerhouse that can go head-to-head with Netflix Inc. and Amazon.com Inc. U.S. District Judge Richard Leon on Tuesday rejected the Justice Department’s request for an …