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An AT&T store is seen on 5th Avenue in New York on October 23, 2016. 
AT&T unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse positioned for a sector facing major technology changes. The stock-and-cash deal is valued at $108.7 billion including debt, and gives a value of $84.5 billion to Time Warner -- a major name in the sector that includes the Warner Bros. studios in Hollywood and an array of TV assets such as HBO and CNN. / AFP / KENA BETANCUR        (Photo credit should read KENA BETANCUR/AFP/Getty Images)
An AT&T store is seen on 5th Avenue in New York on October 23, 2016. 
AT&T unveiled a mega-deal for Time Warner that would transform the telecom giant into a media-entertainment powerhouse positioned for a sector facing major technology changes. The stock-and-cash deal is valued at $108.7 billion including debt, and gives a value of $84.5 billion to Time Warner -- a major name in the sector that includes the Warner Bros. studios in Hollywood and an array of TV assets such as HBO and CNN. / AFP / KENA BETANCUR        (Photo credit should read KENA BETANCUR/AFP/Getty Images)

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What you need to know about the AT&T merger

A high-stakes trial begins over the Justice Department's decision to block the mega-merger between AT&T and Time Warner -- a deal that President Donald Trump thrust into the political spotlight.

What you need to know about the AT&T merger

A high-stakes trial begins over the Justice Department's decision to block the mega-merger between AT&T and Time Warner -- a deal that President Donald Trump thrust into the political spotlight.