The Justice Department could approve AT&T's $67 billion purchase of BellSouth today with few conditions, according to an article in The Wall Street Journal. The Federal Communications Commission is scheduled to vote and approve the deal tomorrow. It appears both agencies view the deal as having little impact on the competitive market, despite requests from bipartisan congressional leaders to require significant conditions to the merger.
To read more about the pending approval of the AT&T/BellSouth deal:
- take a look at this article from The Wall Street Journal (sub. req.)
Related article:
- Congress meddles in AT&T/BellSouth merger