AT&T ready for trial on Justice Dept lawsuit: lead counsel
AT&T Inc (NYSE:T) is prepared to go to trial as soon as possible, ideally within 60 days, after the U.S. Department of Justice sued the company to block its $85.4 billion acquisition of Time Warner Inc (NYSE:TWX), the lead trial counsel representing the company said on Monday.
“We are going to ask the court for the earliest possible date,” Daniel Petrocelli, a partner at O’Melveny & Myers, told reporters at a news conference in New York.