Judge Appears to Be Urging Settlement in DOJ's AT&T/TW Suit, Says Analyst

U.S. District Judge Richard Leon's scheduling of biweekly status conferences on DOJ's lawsuit to block AT&T's buy of Time Warner suggests he's encouraging a settlement before the March 19 trial date (see 1712070067), Raymond James analyst Frank Louthan wrote investors Friday. He said settlement seems unlikely, expecting a May ruling.