2:00am

Thu September 1, 2011
Business

Justice Department Blocks AT&T, T-Mobile Merger

AT&T says it's disappointed by the government's decision to block its acquisition of wireless rival T-Mobile. The Justice Department said Wednesday it would go to court to prevent the two companies from merging. The deal involves the country's second and fourth biggest wireless companies. U.S. officials say the deal would hurt competition and send wireless prices higher.

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