EU OKs AT&T-Time Warner Merger
The European Union has approved AT&T's merger with Time Warner Inc., the telco said.
“We appreciate the skilled work of the European Commission’s team for their timely effort to analyze and clear the AT&T-Time Warner merger,” said AT&T senior EVP Bob Quinn.
On this side of the pond, Time Warner shareholders approved the deal last month.
Meanwhile, the Justice Department continues to vet the deal, while the FCC is not doing so after the companies structured it so that no FCC licenses changed hands.
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Contributing editor John Eggerton has been an editor and/or writer on media regulation, legislation and policy for over four decades, including covering the FCC, FTC, Congress, the major media trade associations, and the federal courts. In addition to Multichannel News and Broadcasting + Cable, his work has appeared in Radio World, TV Technology, TV Fax, This Week in Consumer Electronics, Variety and the Encyclopedia Britannica.