AOL-TW review: Europe takes time
By BroadCasting & Cable Staff -- Broadcasting & Cable, 6/25/2000 8:00:00 PM
America Online Inc.'s planned $142 billion takeover of Time Warner Inc. faces about four months of antitrust review from European regulators, probably resulting in a demand to scale back some European operations. That concession was "insufficient to ease the competition concerns raised by the transaction," the European Commission said.
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