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U.S. Department of Justice Seal and Letterhead
FOR IMMEDIATE RELEASE
THURSDAY, APRIL 24, 1997
AT
(202) 616-2771
TDD (202) 514-1888


ANTITRUST DIVISION STATEMENT REGARDING BELL ATLANTIC/NYNEX MERGER

The Department of Justice announced today that, after thorough investigation and analysis, the Department's Antitrust Division has closed its investigation of Bell Atlantic's proposed acquisition of Nynex. The Division has decided that it will not challenge the transaction, having concluded that the merger does not violate the antitrust laws.

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97-173