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AT&T Merger With Time Warner Inches Forward

The FCC has approved Time Warner's $70 million sale of a TV station license in Atlanta to Meredith Corp. The move helps AT&T and Time Warner avoid a merger review by the FCC, which scrutinizes deals that involve the transfer of FCC licenses. The Justice Department will still have to approve the $85 billion merger.

Read the whole story at Arstechnica »

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