AT&T Unveils Comcast-Like Arb Deal In $85.4B Merger Fight

Law360, Los Angeles (November 28, 2017, 10:24 PM EST) -- AT&T Inc. and Time Warner Inc. defended their proposed $85.4 billion merger in Washington, D.C., federal court, arguing Tuesday that even though they hold popular programming such as "Game of Thrones" and "The Big Bang Theory," a proposed arbitration plan that mirrors one crafted by Comcast Corp. would avert pricing conflicts with competitors.

The companies said in an answer to the government’s lawsuit to block the proposed deal that they’d taken a page from the government-approved merger plan for Comcast’s 2011 buy of NBCUniversal, creating a...
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