Wednesday, March 05, 2025 | 10:31 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

US senate to hold hearing on proposed AT&T acquisition of Time Warner

Image

IANS Washington

The US Senate committee on antitrust will carefully examine an acquisition of Time Warner Inc by AT&T Inc., Fox Business reported on Sunday.

AT&T agreed on Saturday to buy Time Warner for $85.4 billion, Xinhua news agency reported.

US Senator Bernie Sanders said in a statement that President Obama administration should kill the Time Warner/AT&T merger, adding that this deal would mean higher prices and fewer choices for the American people.

--IANS

lok/

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 24 2016 | 5:16 AM IST

Explore News