Judge rules against AT&T on Trump-DOJ contacts in merger case

|About: AT&T Inc. (T)|By:, SA News Editor

In a blow to AT&T (T -1%) and its $85B bid for Time Warner (NYSE:TWX), a judge has ruled that the Dept. of Justice doesn't have to identify whether there was contact between the Trump White House and Attorney General Jeff Sessions about the deal.

Time Warner shares have headed into negative ground, down 0.2%.

A pre-trial hearing Friday took up the matter and the judge indicated he might rule that same day.

AT&T had hoped to use the contacts to show that the DOJ's opposition to the deal was spurred by President Trump's opposition to Time Warner's CNN news network.

The government's case against the deal is set to go to trial next month.

Previously: AT&T pressing Trump contact issue in Time Warner pre-trial hearing (Feb. 16 2018)

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