Regulatory Roadblock for AT&T and Time Warner -- What Investors Need to Know
The Department of Justice (DOJ) recently announced that it will sue AT&T (NYSE: T) and Time Warner (NYSE: TWX) to stop their planned $85 billion merger.
On this episode of Industry Focus: Consumer Goods, Vincent Shen is joined by Motley Fool contributor Daniel Kline to discuss the fallout from the DOJ decision. They examine why the government believes this deal is not in the best interest of competition (nor consumers) and why a previous buyout may have changed regulators' attitudes toward this merger.
A full transcript follows the video.
Source: Fool.com
