Law likely on AT&T’s side in Time Warner battle: analysts | Reuters

(Reuters) - AT&T Inc is likely to emerge victorious from a legal fight with the United States Department of Justice over its $85.4 billion acquisition of Time Warner Inc, analysts said in a series of research notes on Tuesday. FILE PHOTO: An AT&T logo and communication equipment is shown on a building in downtown Los Angeles, California October 29, 2014. REUTERS/Mike Blake/File PhotoThe Justice Department confirmed earlier hints on Monday by launching a suit against AT&T, arguing that the telecom carrier would use Time Warner’s content to force rival pay-TV companies to pay “hundreds of millions of dollars more per year for Time Warner’s networks.” AT&T’s shares were down just 0.5 percent in premarket trading on Tuesday

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