Tom Schoenberg for Bloomberg:
In the complaint filed today in federal court in Washington, the U.S. is seeking a declaration that Dallas-based AT&T’s takeover of T-Mobile, a unit of Deutsche Telekom AG (DTE), would violate U.S. antitrust law. The U.S. also asked for a court order blocking any arrangement implementing the deal.
Total penalties to AT&T if the merger does not go through? Round-about $7 billion. ((3 in cash alone.))