US District Court Judge Richard Leon said Tuesday that AT&T’s $85.4 billion purchase of Time Warner is legal. Judge Richard Leon did not impose conditions on the merger’s approval. He also urged the government not to seek a stay when issuing his decision in a closed-door room with reporters.
In a nearly 200-page decision, Leon said that he ultimately concluded that the government failed to meet its burden to establish that the deal was likely to lessen competition substantially.
Read the court’s full opinion below:
U.S. District Court Opinion on AT&T by CNBC.com on Scribd
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