AT&T falls after missing on revenue in first results since Time Warner deal close

AT&T falls after missing on revenue in first results since Time Warner deal close

AT&T shares fell more than 2 percent after the telecom company reported mixed second quarter earnings and revenue. On the call, Stephenson and fellow executives discussed their strategic vision for combining AT&T and Time Warner, including increased investment in premium programming and direct to consumer products. AT&T shares fell more than 2 percent, before paring some of those losses, after the telecom company reported mixed second quarter earnings and revenue. Here’s how the company did…

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AT&T in Talks to Acquire AppNexus Ad Platform

AT&T in Talks to Acquire AppNexus Ad Platform

By Alex Heath AT&T is in talks to acquire the advertising company AppNexus, Cheddar has learned. Privately-held AppNexus operates one of the largest independent ad exchanges, which facilitates the buying and selling of digital ads. The purchase by AT&T would signal the telecom giant’s ambition to challenge the dominance of Google and Facebook in online advertising. People familiar with the talks told Cheddar that the deal is close to being finalized. The price of the…

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Judge approves AT&T-Time Warner deal without any conditions

Judge approves AT&T-Time Warner deal without any conditions

Judge Richard Leon has approved the AT&T-Time Warner merger rejecting the Department of Justice’s argument. Cramer on AT&T-Time Warner ruling: ‘I thought the government made a better case than this’ Even CNBC’s Jim Cramer was surprised by the court ruling that approved AT&T’s attempted $85.4 billion merger with cable and entertainment colossus Time Warner. On Tuesday, a federal judge ruled that AT&T’s purchase of Time Warner was legal, effectively paving the way for the merger…

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Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved

Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved

Comcast is planning a $60 billion all-cash bid to top Walt Disney on its deal to acquire most of Twenty-First Century Fox‘s assets, if the U.S. government approves AT&T‘s acquisition of Time Warner, according to people familiar with the matter. The bid would top Disney’s offer of $52 billion. Comcast also plans to acquire 100 percent of U.K. satellite broadcaster Sky as part of an improved all-cash bid. If Disney gets into a bidding war…

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