Home Options Trading Advantage Options – Shares of Time Warner Hammered on Potential Antitrust...

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Shares of Time Warner (TWX) took a hit in trading on Thursday due to news that the Department of Justice is considering filing an antitrust lawsuit against the company over its planned buyout by AT&T. The $85B deal was agreed upon last year between the two companies, but there was already considerable concern that the DOJ would block the deal. TWX shares closed down -3.75% to settle at 94.70. Keep an eye on the stock for further developments.

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