WASHINGTON (Reuters) - An acquisition of Time Warner Inc (NYSE:TWX) by AT&T Inc (NYSE:T). could raise significant antitrust issues that the U.S. Senate committee on antitrust would carefully examine, the chairman and ranking member of the committee said Sunday.
AT&T announced on Saturday a deal to buy Time Warner for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers.