Green Light for AT&T Deal Sets Up Comcast’s Fox Bid, Merger Frenzy

Mony
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A court’s approval of ATT Inc.’s merger with Time Warner Inc. paves a clear path for Comcast Corp. to bid for 21st Century Fox assets as early as Wednesday and could trigger a round of deal-making by smaller media companies trying to keep up with the industry’s titans.

The ATT deal, which survived the U.S. Justice Department’s legal challenge, will create a juggernaut with an unprecedented mix of assets spanning TV distribution, cable programming, wireless and broadband.

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