The Comcast-NBC Merger Offers Little Guidance for AT&T-Time Warner

AT&T spent last week in court slugging it out with the Department of Justice over its $85 billion plan to acquire Time Warner. The DOJ argues the deal could lead to higher cable television prices for consumers, while AT&T says the deal is routine and that the agency is blocking it for political reasons. On the surface, the deal bears a strong resemblance to Comcast's 2011 acquisition of NBC Universal in a deal valued at about $30 billion.

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