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AT&T completes acqusition of Time Warner

2018-06-15 08:38:00| Telecompaper Headlines

(Telecompaper) AT&T has completed its USD 85.4 billion acquisition of Time Warner, and namely, of Warner Bros, HBO and Turner. The move comes two days after the company won its court case against the US Justice of Department, which objected to the deal on competition grounds. Time Warner will be consolidated into AT&T results from 15 June. The deal is expected to be accretive from year-one for adjusted earnings per share and free cash flow, with synergies seen at USD 2.5 billion. Full net debt is at USD 180.4 billion.

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AT&T completes acquisition of Time Warner Inc.

2018-06-15 06:00:24| Digital TV News

AT&T (NYSE:T) has completed its acquisition of Time Warner, bringing together global media and entertainment leaders Warner Bros., HBO and Turner with AT&Ts leadership in technology and its video, mobile and broadband customer relationships.

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AT&T completes its takeover of Time Warner

2018-06-15 04:07:48| BBC News | Business | UK Edition

The merger of the two giants could shake up the US media scene for years to come.

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AT&T completes $85bn mega deal for Time Warner

2018-06-15 02:00:00| Total Telecom industry news

US telecoms giant AT&T has completed the $85 billion (£63.5 billion) acquisition of Time Warner Inc, closing a deal that has been nearly two years in the making. The deal had been strenuously opposed by US President…read more on TotalTele.com »

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US court rules against DoJ: AT&T merger with Time Warner can go through

2018-06-13 08:58:00| Telecompaper Headlines

(Telecompaper) The DoJ expressed disappointment with the court decision and said it continues to believe that the pay-TV market will be less competitive and innovative as a result of the merger. The department will now consider what its next steps will be. AT&T was of course pleased and said it looks forward to closing the merger on or before 20 June.

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