US government approaches 18 states to fight AT&T-Time Warner deal

The US Justice Department has approached 18 state attorneys general to try to win their support for an antitrust lawsuit to block pay TV and wireless powerhouse AT&T Inc's $85.

4 billion deal to buy media and entertainment company Time Warner Inc, a person briefed on the matter said on Wednesday. The department, conducting an antitrust review stretching more than a year, so far has failed to persuade any of the states to join a potential lawsuit but has sent them a draft of the complaint, according to the source, who spoke on condition.....

This article is no longer available in our repository.

There could be multiple reasons for this.