Courts To M&A Bankers "Everbody Gets Laid!"

AT&T cleared to buy Time Warner and antitrust is dead.

America's legal system says:

A federal judge said Tuesday that AT&T's $85.4 billion purchase of Time Warner is legal, clearing the path for a deal that gives the pay-TV provider ownership of cable channels such as HBO and CNN as well as film studio Warner Bros.
U.S. District Court Judge Richard Leon did not impose conditions on the merger's approval. He also urged the government not to seek a stay when issuing his decision in a closed-door room with reporters.

M&A bankers on Wall Street say:


Well, not "everybody." You're not getting laid, Jeff Sessions. It's all over for you...

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Looking forward to the deluge of deal announcements tomorrow, you guys!