Source: Cecelia Kang and Michael J. de la Merced, New York Times

The Justice Department sued to block AT&T’s $85.4 billion bid for Time Warner on Monday, setting up a showdown over the first blockbuster acquisition to be considered by the Trump administration and drawing limits on corporate power in the fast-evolving media landscape.

Read Full Article: U.S. sues to block AT&T-Time Warner merger