A federal judge's ruling clearing the way for a combination between AT&T Inc. and Time Warner Inc., as well as dueling bids for the assets of 21st Century Fox Inc., have many hoping for an M&A wave. But optimistic outlooks should be tempered, said some deal lawyers.
June 15, 2018 at 04:16 PM
1 minute read
Staff Reporter
Only one day after a federal court approved a blockbuster $85.4 billion merger between AT&T Inc. and Time Warner Inc., cable giant Comcast Corp. announced a $65 billion bid for a sizable chunk of Rupert Murdoch’s 21st Century Fox Inc.
The close timing between those two deal developments makes it appear as if the court’s approval of AT&T’s bid for Timer Warner triggered Comcast’s own announcement.
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