AT&T on Monday extended the deadline for its proposed $85 billion acquisition of Time Warner in order to secure final regulatory approval.
According to an SEC filing, the companies each agreed to extend the deadline for a “short period of time.”
The deal was set to terminate on Oct. 22.
Brazil’s antitrust authority, the Conselho Administrativo de Defesa Econômica (CADE), approved the proposed acquisition last week, without requiring any divestiture of AT&T or Time Warner assets.
The Chilean and Mexican governments have also given approval, but the U.S. Department of Justice is still reviewing the transaction.
AT&T has said it still anticipates the deal will close by the end of the year.
The operator is set to release third-quarter 2017 earnings after market close on Tuesday, Oct. 24.
