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Stock impact report

AT&T and DOJ spar over trial date [CNN]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: CNN
AT&T and DOJ spar over when antitrust trial should begin The Justice Department's antitrust lawsuit against AT&T and Time Warner is just over a week old and the two sides already can't agree on a key issue: when to start the trial. On Tuesday, AT&T ( T , Tech30 ) and Time Warner (the owner of CNN) filed court documents asking Judge Richard Leon to set a February 20 trial date. The Trump administration, which filed a lawsuit last week to try to block AT&T's $85 billion acquisition of Time Warner, has proposed that the trial begin on May 7, according to the documents. Importantly, the merger agreement between the two companies expires on April 22. "Under the Government's proposed schedule, the merger agreement would expire before this case would even be tried," AT&T and Time Warner's lawyers said. "The Government could effectively run out the clock on this merger without ever having to prove its case." Related: Trump Justice Department puts Corporate American on notice They said Show less Read more
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