The chances of appeal of the Ministry of Justice are insignificant :: Investor.bg

<img src = "https://www.investor.bg/images/photos/0264/0000264674-article3.jpg" alt = "AT & T's CEO, Randall Stephenson, said that chances of a successful appeal to the Department of Justice for the merger of Time Warner are "minor" and would not change anything.

The Department of Justice plans to appeal the merger between AT & T and Time Warner, worth $ 85.4 billion, according to data released on Thursday.

Previously, the agency had refused to request a postponement, allowing the merger to end at the mid-June

"These changes can not do anything in the next 30 days or the next 12 months. We are determined to implement our plan. We think the likelihood of this being reversed and completed is really a bit possible, "Stevenson told CNBC, adding," The merger is over. We already own Time Warner. "

The Federal Court ruled in June that the merger was legal and unconditional.The Department of Justice decided last year to block this merger, referring to the antitrust concepts, that AT & T may charge higher competitor distributors for Time Warner content, which would lead to consumer price increases

for your wireless services and DirectTV Now, once the merger is complete.The company also made several acquisitions to develop its own media and advertising activities In June, the digital advertising company AppNexus bought $ 1.6 billion

The merger provided AT & T two headlines – the HBO and CNN television programs, as well as that a stake in Hulu and its DirectTV service.The company has prepared an ambitious plan for HBO

"The more we have commitments, the more we are able to open up opportunities." "said Mr. Stevenson about the company's new acquisitions. He highlighted the possibilities open to AT & T in a digital plan