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AT&T says Time Warner purchase could avoid FCC scrutiny
January 7, 2017 by creative · Leave a Comment
AT&T Inc expects to be able to bypass a powerful telecommunications regulator in its planned $85.4 billion acquisition of Time Warner Inc , the companies said in regulatory filings on Friday. Time Warner said that since it does not plan to transfer any Federal Communications Commission licenses to AT&T, it would likely not need FCC approval and would only need the consent of the U.S. Justice Department. AT&T could forego the FCC by unloading a Time Warner broadcast station,
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AT&T says Time Warner purchase could avoid FCC scrutiny