 "AT&T and Time Warner extend termination date of merger to 21 June, 2018")
AT&T Inc and media and entertainment group Time Warner Inc, which are seeking to merge despite U.S. Justice Department opposition, extended the termination date for their deal to 21 June, AT&T said in a filing on Friday.
The Justice Department sued in November to stop the $85 billion deal, and a trial is to begin on 19 March. Judge Richard Leon said during a hearing at the U.S. District Court for the District of Columbia in early December that he would likely not have a decision by the deadline in the companies’ merger agreement, but would rule in late April or May.
Advertisement
Under a previous agreement, either company could terminate the deal if it was not completed as of 22 April.
 "This Week in Explainers: Will recession in UK, Japan hit daily living?")
 "FirstUp: Nitish Kumar to seek trust vote, RLD to formally join NDA… The big stories today")
 "This Week in Explainers: What Uttarakhand’s Uniform Civil Code means for live-in couples")
 "Ram mandir consecration: Did Nihang Sikhs start the temple movement over a century back?")
 "This Week in Explainers: Will recession in UK, Japan hit daily living?")
 "FirstUp: Nitish Kumar to seek trust vote, RLD to formally join NDA… The big stories today")
 "This Week in Explainers: What Uttarakhand’s Uniform Civil Code means for live-in couples")
 "Ram mandir consecration: Did Nihang Sikhs start the temple movement over a century back?")