https://www.cnbc.com/2018/07/12/justice-department-will-appeal-time-warner-att-merger-approval-dow-j.html
14 replies (most recent on top)
This might require an updating of Randy's lies, but he probably has a couple of staff people to help him with that. That is at least one area he is not outsourcing off shore.
The appeal will be expedited.
https://finance.yahoo.com/news/court-oks-expedited-schedule-u-204132084.html
"A federal appeals court on Thursday approved the U.S. Justice Department's request for an expedited schedule for an appeal of a judge's ruling ... "
Time for more bribery to politicians
Correction - updated link.
https://www.cnbc.com/2018/07/13/att-time-warner-appeal-ceo-randall-stephenson-.html
Randall just had a new interview with cnbc releaed on Friday, July 13th. Here is the link to the 16 minute video. Its interesting that they actually asked him some tough questions. The video is also on youtube.
https://www.cnbc.com/2018/07/13/att-time-warner-appeal-ceo-randall-stephenson-.html
The deal to buy Time Warner went through. The government doesnt have a strong enough case to stop it. No appeal will stop me. I am RANDALL.
STEPHENSON'S MESS OF HIS OWN MAKING, KUDOS TO YOU !
AT&T Inc
31.57
-2.06%, Shares are trading sharply lower on Friday morning after the U.S. Justice Department said that it would appeal the telecom giant's recently completed merger with Time Warner Inc. The news stunned legal experts, who believe that the June ruling is fact based, airtight and unlikely to be overturned. It's now possible that the U.S. Supreme Court will eventually hear the case, with a decision not expected for many months.
The news will affect AT&T's bottom line because Time Warner has already been integrated into the new WarnerMedia LLC and no longer exists as an independent company. That means the company has to bear the full cost and consequences of an adverse decision, including the worst-case scenario in which it is instructed to resurrect the old company and issue new stock. The proceedings will also affect plans to find synergies, integrate operations and seek new acquisitions.
Technically speaking, the government's action couldn't come at a worse time, with AT&T struggling to hold six-year support near $30. Months of litigation and government jawboning have worn down institutional buying interest, encouraging long-term shareholders to head back to the sidelines, with memories of 2011's failed T-Mobile US, Inc. (TMUS
TMUS
T-Mobile US Inc
61.20
-0.62%
) bid still weighing on sentiment. (See also: Mergers to Make AT&T, Comcast Highest-Debt Cos.)
Raised prices immediately. Lied and said consumers would get savings. Trying to get rid of workers, lied and said there would be thousands of jobs created. Grabbing for H1bs as fast as they can. Bribery. Randy and co can't be allowed to continue this course.
"Is being appealed ..."
Perhaps, not so fast.
http://thehill.com/policy/technology/396561-justice-dept-trying-to-appeal-att-time-warner-deal-report
"However, the plan to file an appeal is facing pushback from the U.S. Solicitor General's office, which must approve appeals from the Justice Department in any federal court or the Supreme Court, FBN reported."
So, there is a Solicitor General aspect that is needed in order to pursue the appeal.
The trial judge did try very hard to make his decision appeal-proof. Appeals generally hit one of two avenues, errors of law, or abuse of the trial court's discretion.
At this point, I'm not positive we have lift-off on the appeal.
Randy boy increased layoffs. fees and raised prices, went shopping for more companies more acquisitions. Mergers ,wants HBO to be bigger, painful like child birth, so Randy boy it s time to bend over cuz the government is coming for you, and this time no Vaselinewill be used
Randall over reached and got what he wanted. Now let's see if he paid the right people off.
Wow the DOJ is on it and obviously Judge Leon still thinks everyone still has a princess phone and AT&T is a moral company.
It might just be Sessions trying to s--- up.
This will be very interesting because Comcast has been bidding on Fox and Sky, predicated on this court decision.