America's imminent merger mania

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"Let there be deals," said Elizabeth Winkler at The Wall Street Journal. That's what corporate executives across the country heard last week when Judge Richard Leon gave the go-ahead for AT&T's blockbuster $85 billion acquisition of Time Warner. The judge systematically rejected the government's antitrust arguments against the union of the telecom giant and media behemoth, and "didn't impose so much as...

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