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AT&T extends deadline to close Time Warner deal

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FILE PHOTO - An AT&T logo is seen at a AT&T building in New York City, October 23, 2016.

AT&T Inc said on Monday it had extended by a “short period” the deadline to close its proposed deal to acquire Time Warner Inc, to buy time to get the required regulatory approvals for the deal.

The deal had a termination date of Oct. 22.

AT&T’s $85.4 billion acquisition of Time Warner is expected to give it control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets.

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Muslim Global: AT&T extends deadline to close Time Warner deal
AT&T extends deadline to close Time Warner deal
AT&T Inc said on Monday it had extended by a “short period” the deadline to close its proposed deal to acquire Time Warner Inc, to buy time to get the required regulatory approvals for the deal. The deal had a termination date of Oct. 22.
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