AT&T confident court will reject Justice Department challenge to Time Warner deal

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DOJ will sue to block AT&T-Time Warner deal: Source

FBN's Charlie Gasparino discusses the latest in AT&T-Time Warner merger.

AT&T Inc (T) said on Monday it is confident a federal court reject the Justice Department's expected challenge to its planned $85. 4 billion acquisition of Time Warner Inc (TWX).

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The company's general counsel, David McAtee, said the suit was "a radical and inexplicable departure from decades of antitrust precedent." He added in a statement that the company saw "no legitimate reason for our merger to be treated differently" than other vertical mergers.

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