The best case for the acquisition, which is
That’s distinct from a horizontal merger, like AT&T’s failed attempt to acquire wireless carrier
The deal would need to win approval from the Justice Department and require at least some review by the Federal Communications Commission. AT&T is expected to offer up some concessions upfront, such as assuring that other pay-TV distributors and wireless operators would still get access to Time Warner programming, regulatory analysts said.
In a research note, Credit Suisse analysts said they expect a “lengthy antitrust review” with an “uncertain outcome.”