Sara Salinas

The Justice Department has agreed to let AT&T complete its purchase of Time Warner, according to joint government filings, likely clearing the way for the deal to be completed as soon as June 15. A federal judge ruled June 12 that AT&T's $85.4 billion bid for Time Warner was legal, imposing no conditions on the merger. The government had the option to seek a stay, delaying the merger for a designated waiting period, but has forgone that option. The Justice Department can still appeal the decision, even after the completion of a merger.