If U.S. District Court Judge Richard Leon approves AT&T's (NYSE:T) deal for Time Warner (NYSE:TWX) today, Comcast (NASDAQ:CMCSA) will formally go up against a bid from Disney (NYSE:DIS) to acquire most of Twenty-First Century Fox (NASDAQ:FOX), CNBC reports.
More implications? If approved, it will also likely raise the chances that a proposed merger between Sprint (NYSE:S) and T-Mobile (NASDAQ:TMUS), the third and fourth biggest U.S. wireless providers, will succeed in passing regulators.
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