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US District Court judge Richard Leon has approved AT&T's $85B deal to acquire Time Warner, a transaction opposed by president Trump.
He ruled the transaction would not violate antitrust laws.
The Justice Dept. claimed the mega-merger would squash competition in the pay TV business.
The ruling is expected to trigger a wave of further consolidation in the media business.
Comcast, for instance, has said its all-cash $60B bid for 21st Century Fox was contingent on AT&T's getting the federal green light for its Time Warner acquisition.
Walt Disney Co. has a $52B deal to acquire 21CF.
Business leaders will face challenges in the upcoming year, some of which will come as a complete surprise, or beyond anyone's imagination.
Teneo has hired Philipp Grontzki, who is a 20-year veteran of corporate communications and financial journalism, as a managing director in its strategy and communications group.
Rowan Benecke, who co-founded Zeno Group and helmed Burson-Marsteller's tech practice, has joined McKinsey & Co as director of communications for North America.
BCW has named Golin's Matt Coldagelli EVP and leader of its corporate affairs practice in Chicago.
Abby Bailey, who headed corporate communications for Fedex in its Middle East, India and Africa region, has joined Teneo as managing director in Dubai.
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