The merger trial of AT & T / Time Warner in the US UU It took two days: source



(Reuters) – The trial to determine whether the purchase of AT & T Inc ( TN ) from Time Warner Inc ( TWX.N ) is legal under the antitrust legislation of USA UU It will be delayed two days due to programming problems, a person familiar with the situation said Thursday.

The signage of an AT & T store is seen in New York on October 29, 2014. REUTERS / Shannon Stapleton / File Photo

The US Department of Justice UU He sued in November to stop AT & T, owner of DirecTV and other products with 25 million subscribers, for the purchase of the producer of movies and television programs Time Warner, owner of HBO and CNN, among many other channels.

Originally, the trial was scheduled to begin Monday in Washington, but was delayed until Wednesday, according to the person, who asked to remain anonymous because he was not allowed to speak with the media. The reason for the delay is to allow time for more pre-trial motions, the source said.

AT & T declined to comment. The US Department of Justice UU He did not respond immediately to a request for comments.

AT & T shares slightly cut their gains after the news traded around $ 37.20, while Time Warner Inc added gains, almost 1 percent around $ 97.30.

Information of Jessica Toonkel; additional reports by Diane Bartz in Washington DC; Edition by Tom Brown


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