The Judge's ruling included a message to the government.
Other media stocks that saw big price moves after the judge's ruling was announced included 21 Century Fox (FOX), whose shares were up almost 5 percent on speculation it could be the subject of a bidding war between Disney (DIS), which already has a $52 billion all-stock deal for Fox on the table, and a media giant like Comcast (CMCSA), which in recent weeks has been hinting of its intention to make an even larger all-cash bid for Fox. That deal now faces a higher likelihood of regulatory approval.
Comcast is aiming to gain control over Fox assets such as its Twentieth Century Fox Film and TV studios, which includes brands ranging from X-Men to The Simpsons, as well many of its cable networks.
Fox shares rose 5.2% in after-hours trading Tuesday, while Comcast fell as much as 4% and Disney dropped as much as 2%.
Don’t expect too much from Kim-Trump meeting - Dennis Rodman
A North Korean aide wearing latex gloves reportedly inspected and wiped the pen intended for Kim, which he didn't end up using . Trump emerged from that initial meeting to say it was "very, very good" and that he and Kim have an "excellent relationship".
A Comcast spokesperson declined to comment.
The AT&T-Time Warner merger is in direct response to the success of Netflix.
The nuances of this case are important, as the implications of this decision reach far beyond the individual businesses of AT&T and Time Warner to the vast media landscape as a whole.
The AT&T logo on a retail store.
To see how this could happen, consider that, after the merger, AT&T would have the rights to all of HBO's output, CNN, live National Basketball Association and NCAA broadcasts, and many more desirable Time Warner properties. The company did cite opportunities to improve OTT profitability via newer product functionality looking forward (i.e.: "cloud DVR, more streams)". The companies rejected both options. It would also be the 12th largest deal in any sector, the data showed.
Democrats on Capitol Hill have raised questions about the Justice Department's motivations and the White House's influence in deciding to take the case to court.
Despite not playing, USA leads World Cup flight booking growth to Russian Federation
Brazil's Ronaldo , two times FIFA World Cup Champion will also present in the open ceremony which will brighten up the event. Poland are likely to be their toughest opponents in Group H , although Japan and Senegal can not be taken lightly.
It's been years in the making, but the mammoth merger of AT&T and Time Warner Inc.is officially going to happen.
He said during the trial that the merger with Time Warner is a "significant shift in strategy" for AT&T, explaining the company knew that smaller acquisitions for content wouldn't work.
Once president, Trump regularly called CNN "fake news" and posted on Twitter in July 2017 a doctored video of him beating up a supposed CNN journalist.
Even so, the case brought a year ago by the antitrust lawyers at Trump's Justice Department to block the AT&T and Time Warner marriage is an outlier.
Because Disney's acquisition of Fox was seen as a foregone conclusion until recently, it has played a role in the last couple of Disney earnings reports, wherein CEO Robert Iger talked up the benefits of the deal. That led to the Justice Department's lawsuit, filed in November.
The District Court Judge Richard Leon determined that the United States government "failed to meet its burden of proof" in their case that this would lessen competition and that they should not seek a stay of his ruling because it would be "manifestly unjust" and unlikely to succeed.
Singapore diplomat: 'All systems go' for Trump-Kim summit
On Sunday, Kim Jong-un arrived in Singapore where he is expected to hold a meeting with US President Donald Trump on June 12. Pyongyang has taken some steps to show sincerity, returning United States detainees and blowing up its nuclear test site.