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2016.10.2402:44:00UTC+00Senate to hold hearing on AT&T purchase of Time Warner

The U.S. Senate will have a hearing sometime this year regarding AT&T Inc.'s plan to purchase Time Warner, senate spokesman Mike Lee said on Sunday.

The telecommunications company on Saturday said it is looking to acquire Time Warner for $85.4 billion. The plan has raised concerns among U.S. lawmakers about antitrust issues.

Tags: M&A


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