AT&T cleared by judge to buy Time Warner, create media giant

AT&T HAS RECEIVED APPROVAL to acquire Time Warner. BLOOMBERG FILE PHOTO/PATRICK T. FALLON
AT&T HAS RECEIVED APPROVAL to acquire Time Warner. BLOOMBERG FILE PHOTO/PATRICK T. FALLON
NEW YORK - AT&T Inc. was cleared by a judge to take over Time Warner Inc. in an $85 billion deal that the mobile-phone giant says will fuel its evolution into a media powerhouse that can go head-to-head with Netflix Inc. and Amazon.com Inc. U.S. District Judge Richard Leon on Tuesday rejected the Justice Department’s request…
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