AT&T Rejects US Challenge of Takeover: ‘We Own Time Warner’

Los Angeles Times: The U.S. Justice Department’s appeal of the AT&T-Time Warner merger could help clarify what corporate combinations are permissible — and it also could discourage Comcast from making another run at 21st Century Fox. Analysts on Friday puzzled over why the government would try to unravel AT&T’s purchase of Time Warner.