BUT THE INTERVENTION WILL NOT BE
REGARDED AS HELPFUL TO THERESA
MAY.
CHARLES: THE JUSTICE DEPARTMENT
THIS AFTER CHARLIE BROKE THE
STORY.
CHARLIE: WE GOT AN INTERVIEW
REACTING TO THE MOVE.
LET'S HEAR WHAT HE HAD TO SAY.
>> WE ACTUALLY HEARD YESTERDAY
THEY WERE THINKING OF DOING
THIS.
THEY DID IT, MEANING THEY ARE
GOING TO TRY TO BREAK UP THE
MERGER.
WHAT'S YOUR THOUGHTS?
>> I DON'T THINK MANY PEOPLE ARE
SURPRISED.
THE LOSER ALWAYS HAS THE
OPPORTUNITY, THE RIGHT TO
DO.
THE JUDGE WROTE A VERY
THOUGHTFUL, REASONED AND
THOROUGH ORDER.
SO WE FEEL GOOD ABOUT WHERE WE
ARE ON APPEAL.
CHARLIE: IF YOU ARE A
SHAREHOLDER HOW WOULD YOU FEEL
ABOUT THIS?
>> THE MERGER IS CLOSED.
WE ARE ABOUT EXECUTING.
THIS IS IN THE LAWYER'S HAND.
CHARLIE: WILL YOU TAKE IT TO THE
SUPREME COURT IF THAT'S WHERE IT
GOES?
CHARLIE: THERE ARE MORE
COULD YOU HAVE A DIFFICULT TYPE
THERE?
>> WE DON'T THINK SO.
IT WILL BE BASED ON THE LAW.
WE'LL TAKE IT TO THE CIRCUIT
COURT AND SEE HOW THE LAW
EVALUATES IT THIN.
WE DON'T ANTICIPATE MUCH
PROBLEM.
CHARLIE: HOW LONG DO YOU THINK
THIS WILL GO ON?
>> WE WERE EXPECTING THIS.
NOBODY SHOULD BE SURPRISED AT
THIS.
AT HIM.
DESPITE OUR REPORTING YESTERDAY,
I THINK HE THOUGHT THE SOLICITOR
THE SOLICITOR GENERAL AT THE DOJ
DID PUT UP SOME RESISTANCE.
ONE THING HE HAS NOT ADMITTED TO
IS WHAT HE COULD FACE AND WHAT
AT&T COULD FACE IN THE D.C.
CIRCUIT COURT OF APPEALS.
THE COURT IS PACKED WITH A LOT
OF LEFT-LEANING OBAMA
APPOINTEES.
THOSE ARE THE TYPES THAT AGREE
WITH ELIZABETH WARREN WHO AGREED
BAD FOR CONSUMERS.
THIS IS A THREAT TO THIS MERGER.
THERE IS -- THOSE ARE HIS
WE BEAT CNBC ONCE AGAIN.
CHARLES: I THOUGHT IT WAS
INTERESTING WHEN THEY PUT OUT A
HEADLINE AN HOUR AGO ABOUT
BREAKING NEWS YOU BROKE A LONG
TIME AGO.
HE SAID THE MERGER WAS CLOSED.
HE SEEMED TO SUGGEST THE WILL OF
WHAT IT TAKES TO PUT THESE
MERGERS TOGETHER, THAT MAYBE
THAT WILL CONTINUE BEHIND THE
SCENES.
IS THAT OVERLY CONFIDENT?
DO IT THIS WAY RATHER THAN STAY
MERGER.
I WAS TALKING TO SOME PEOPLE IN
JUSTICE ABOUT THIS.
THEY BELIEVE THIS WON'T HURT THE
COMPANY THAT MUCH APPEALING IT
BECAUSE IT'S VERTICAL.
IT'S TWO SEPARATE COMPANIES.
THE COMPANIES WILL REACT AND
OPERATE AS THEY WERE LARGELY
OPERATING BEFORE.
IT'S NOT LIKE A HORIZONTAL
MERGER WHERE YOU PUT THE TWO
SAME COMPANIES TOGETHER.
THESE ARE TWO SEPARATE
COMPANIES.
APPEALS.
THAT'S A CRAPSHOOT.