AT&T delays Time Warner closing to April 2018

Wednesday 29 November 2017 | 09:17 CET | News

AT&T has delayed the closing deadline for its proposed takeover of Time Warner to 22 April 2018. This follows the US Department of Justice filing a court case to oppose the takeover

AT&T said in a SEC filing that it intends to "vigorously contest" the DoJ's allegations and is confident that the court will reject the challenge to the merger.

The takeover was first agreed in October 2016 and was previously expected to close by the end of 2017. 

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