Failed AT&T Deal Leaves Stronger DOJ In Its Wake

Law360, New York (December 20, 2011, 8:14 PM EST) -- After a seven-year dry spell, the U.S. Department of Justice's twin victories challenging AT&T Inc.'s $39 billion tie-up with T-Mobile USA Inc. and H&R Block Inc.'s bid for TaxACT should give companies pause when considering deals that pose potential antitrust risks, attorneys say.

AT&T decided Monday to abandon the deal for the Deutsche Telekom AG unit based on strong antitrust opposition from the DOJ and the Federal Communications Commission. Coming on the heels of a resounding court victory for the Antitrust Division in October blocking H&R...
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