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Thursday, July 12, 2018

AT&T’s blockbuster merger with Time Warner faces a new challenge after the Justice Dept. filed to appeal a judge's ruling approving it

The Justice Department said on Thursday it would appeal a federal judge’s approval of AT&T’s merger with Time Warner, extending the government’s legal challenge of the blockbuster deal.

A federal judge signed off on the deal a month ago, saying the federal agency did not sufficiently prove that the merger would harm competition and consumers.

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