The U.S. government and AT&T Inc. agreed on Thursday on conditions that would allow the wireless company to close its deal for Time Warner Inc. while the Justice Department considers an appeal.
In a joint filing, the two sides agreed to certain conditions and asked a federal judge to authorize the companies to close their $85 billion merger. The government has 60 days to appeal. AT&T said it could close the deal as early as this week.
Among the conditions, AT&T agreed to manage the Turner networks separately from the rest of AT&T Communications and to have no role in setting Turner's prices.