Thursday, September 22, 2011

DOJ Antitrust Chief: AT&T Merger Lawsuit Not Negotiating Tactic

The Justice Department's chief antitrust enforcer flatly rejects speculation that the agency's lawsuit to block the AT&T acquisition of T-Mobile USA is a negotiating tactic.

"I wouldn't call it a preemptive lawsuit of any kind," Sharis Pozen said. "The department's antitrust objections to the $39 billion deal "couldn't be clearer."

No comments:

Directv-Dish Merger Fails

Directv’’s termination of its deal to merge with EchoStar, apparently because EchoStar bondholders did not approve, means EchoStar continue...