Combining Time Warner and Fox would result in one media and entertainment juggernaut, bringing together several TV networks, production companies and media properties. Time Warner Inc. said Wednesday that …
Combining Time Warner and Fox would result in one media and entertainment juggernaut, bringing together several TV networks, production companies and media properties. Time Warner Inc. said Wednesday that …
NEW YORK (AP) — Though rejected, a surprise bid by Rupert Murdochs Fox for entertainment rival Time Warner underscores that large media companies are in the mood for major consolidation.
Time Warner has rejected a takeover bid worth about $76 billion from Rupert Murdochs Twenty-First Century Fox and said it has no interest in further discussions about a combination of two of the worlds largest media and entertainment companies.
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