The Justice Department Friday said it would ask a judge to delay its lawsuit to block a merger between AT&T and T-Mobile, dealing a crippling blow to the deal's prospects.
AT&T had hoped to win its case against Justice, as a way to salvage its $39 billion bid for the fourth largest wireless company. It had then planned to use the victory to persuade a skeptical Federal Communications Commission to approve the merger.
But Friday's events threw that strategy into disarray. If the judge sides with Justice, AT&T would have even fewer options left.
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