Comcast offer for Fox expected after favorable AT&T ruling

Comcast offer for Fox expected after favorable AT&T ruling

7 years ago
Anonymous $roN-uuAfLt

https://apnews.com/45f6baced49541dc80bf42720f6d135d

NEW YORK (AP) — Now that a federal judge has cleared AT&T's $85 billion takeover of Time Warner, other companies are likely to rush to consolidate.

Tuesday's ruling signaled that federal regulators will have a hard time stopping companies from getting bigger by gobbling up rivals and the content they own. Even if a company doesn't need to get bigger right away, it might need to do so to prevent a competitor from doing so.