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DOJ Challenges AT&T's $85.4B Bid For Time Warner

By Melissa Lipman (November 20, 2017, 5:00 PM EST) -- The U.S. Department of Justice sued Monday to block AT&T Inc.'s $85.4 billion deal for Time Warner Inc., arguing that the combination of the telecom company's DirecTV television provider with the owner of key content like CNN and HBO would lead to higher prices for consumers and hinder innovation for video distribution....

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