U.S. to sue to stop AT&T from buying Time Warner - source
The U.S. Department of Justice will file a lawsuit aimed at blocking AT&T Inc`s
AT&T, the No. 2 U.S. wireless carrier, struck a deal in October 2016 to buy Time Warner, which owns the premium channel HBO, movie studio Warner Bros and news channel CNN, in order to compete by bundling mobile service with video entertainment.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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