[font=Roboto, sans-serif]AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers.[/font]
[font=Roboto, sans-serif]The biggest deal in the world this year will, if approved by regulators, give AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. The tie-up will likely face intense scrutiny by U.S. antitrust enforcers worried that AT&T might try to limit distribution of Time Warner material.[/font]
[font=Roboto, sans-serif]AT&T to Buy Time Warner For Billion, Create Telecom-Media Giant - News18[/font]
[font=Roboto, sans-serif]The biggest deal in the world this year will, if approved by regulators, give AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. The tie-up will likely face intense scrutiny by U.S. antitrust enforcers worried that AT&T might try to limit distribution of Time Warner material.[/font]
[font=Roboto, sans-serif]AT&T to Buy Time Warner For Billion, Create Telecom-Media Giant - News18[/font]