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The Justice Department has agreed to let AT&T complete its purchase of Time Warner, according to joint government filings, clearing the way for a quick conclusion to a deal to be completed as soon as Friday.
A federal judge ruled on Tuesday that AT&T’s $85.4 billion bid for Time Warner was legal, imposing no conditions on the merger. The government had the option to seek a stay, delaying the merger for a designated waiting period, but has foregone that option.
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