AT&T’s blockbuster deal for Time Warner hangs in limbo

 

Source: Cecilia Kang & Michael J. De La Merced ( Paid Registration )

At the Department of Justice, staff members in the antitrust office have been doggedly investigating AT&T’s blockbuster $85.4 billion bid for Time Warner. They have deposed the executives of both companies; questioned several media, telecommunications and technology rivals; and demanded thousands of pages of confidential documents from scores of businesses to discern if the deal would violate competition laws — and thus if it should go ahead at all.

But eight months into the review, the small army of career antitrust officials is marching toward a great unknown.

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