Texas Tech University

AT&T's long-fought deal for Time Warner wasn't typical (and neither is DOJ's appeal)

Brian Womack

July 14, 2018

WFAA - While some are more convinced of a positive outcome for AT&T (NYSE: T) than others, it's raising questions and concerns at a time when AT&T needs to execute on many fronts.

Michael Noel, an associate professor in the department of economics at Texas Tech University, was not that surprised by the DOJ's move. He said there's usually more negotiations and limitations on this kind of merger.

"It doesn't surprise me they would come back and try again," he said. "The reason why we have an appeals system is that so very often something happens at the district level that then gets overturned."

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