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AT&T Bid For Time Warner : US Department Of Justice Creates Roadblock

The U.S. Department of Justice on Monday sued to block AT&T's $85.4 billion takeover of TV and movie giant Time Warner Inc.

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AT&T Agrees In Principle To Buy Time Warner For $85 Billion

AT&T Inc has reached an agreement in principle to buy Time Warner Inc for about $85 billion, paving the way for what would be the biggest deal in the world this year, giving the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets

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