AT&T, Time Warner Stocks Drop On Word Regulators Might Sue To Block Merger

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AT&T and Time Warner Inc. stocks have lost ground today following a report that the Justice Department is weighing a lawsuit to challenge their proposed $85 billion merger. Already near a 52-week low, AT&T shares dipped 1% to $33.25, while Time Warner fell 4% to $94.26 on the news. D0J’s antitrust division is preparing a suit to block the deal in the event that Justice and the companies fail to reach a settlement that would address anti-competitive concerns, the Wall Stree…