AT&T nears deal to buy Time Warner for $85 billion
AT&T Inc (T.N) has reached an agreement in principle to buy Time Warner Inc (TWX.N) for about $85 billion, sources said on Friday, paving the way for what would be the biggest deal in the world this year, giving the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets.
Oct 22, 2016, 13:06 PM ISTTime Warner CEO questions megadeals after Fox pulls out
Time Warner reported higher-than-expected quarterly profit on Wednesday and boosted it share buyback program by an additional $5 billion.
Aug 07, 2014, 00:19 AM ISTRupert Murdoch's Fox expected to push for Time Warner deal on Wednesday
Rupert Murdoch`s Twenty-First Century Fox Inc is expected to make an aggressive case for merging with Time Warner Inc during its quarterly earnings call on Wednesday, though people familiar with the company`s plans have said it would not use that forum to raise its bid.
Aug 05, 2014, 07:08 AM IST