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AT&T slips after Time Warner buyout gets approval

“(Reuters) – Shares of AT&T Inc fell 2 percent on Wednesday after a federal judge approved the telecom company’s $85 billion buyout of Time Warner Inc, clearing the path for more deals in a rapidly changing media industry” writes Midwest Communications Inc for 95kqds.com. The news lifted shares of other telecom and media companies such as Sprint Corp, CBS Corp and Discovery Inc by around 4 percent in premarket trading.
 
Source: 95kqds.com



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