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AT&T to buy Time Warner for USD 85 billion

2016-10-23 11:27:00| Telecompaper Headlines

(Telecompaper) AT&T has agreed to acquire the media group Time Warner for a combination of cash and stock worth USD 85 billion. After expanding to Mexico and acquiring satellite TV provider DirecTV last year AT&T is looking to video content for its next area of growth, acquiring with Time Warner assets such as HBO, CNN, TNT and the Warner Bros film studio. AT&T said the combination will mean networks to deliver "world's best premium content" to every screen.

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AT&T announces it will buy Time Warner for nearly $86bn

2016-10-23 02:45:58| BBC News | Business | UK Edition

The US telecoms giant AT&T announces that it will buy entertainment group Time Warner for nearly $86bn, but the deal still need regulators' approval.

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Time Warner shares jump on AT&T bid rumour

2016-10-21 18:09:00| BBC News | Business | UK Edition

Shares in Time Warner, the company behind Game of Thrones-maker HBO, CNN and Warner Bros, jump for a second day on fresh reports of a $73bn-plus tie-up with AT&T .

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AT&T, Time Warner meet on possible merger - report

2016-10-21 09:25:00| Telecompaper Headlines

(Telecompaper) Senior executives at AT&T and Time Warner have met in recent weeks to discuss various business strategies including a possible merger, people familiar with the matter told Bloomberg. The talks, which at this stage are informal, have focused on building relations between the companies rather than establishing the terms of a specific transaction, the report said, noting that neither side has yet hired a financial adviser.

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