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Time Warner moves to block any quick takeover

2014-07-22 10:17:29| Chemicals - Topix.net

Time Warner's board has moved to prevent its shareholders from calling special meetings, effectively throwing up a hurdle to any quick move to approve a potential takeover by Rupert Murdoch's Twenty-First Century Fox.

Tags: time quick block moves

 

Shire PLC (ADR) (SHPG), Time Warner Cable (TWC): How John Paulson Got His Mojo Back

2014-07-19 20:40:24| Telecom - Topix.net

John Paulson 's funds posted strong returns in June, especially on the back of merger arbitrage plays, an activity in which Paulson has been involved for the last 20 years.

Tags: time back john cable

 
 

Yahoo Falls On Downbeat Results; Time Warner Shares Spike Higher

2014-07-16 21:30:16| Industrial Machines - Topix.net

Midway through trading Wednesday, the Dow traded up 0.26 percent to 17,104.38 while the NASDAQ jumped 0.20 percent to 4,425.20.

Tags: time results yahoo higher

 

Rejected Fox bid for Time Warner shows growth mood

2014-07-16 19:27:37| Telecom - Topix.net

Though rejected, a surprise bid by Rupert Murdoch's Fox for entertainment rival Time Warner underscores that large media companies are in the mood for major consolidation.

Tags: time shows growth bid

 

Time Warner rejects 20th Century Fox takeover bid

2014-07-16 16:20:00| Telecompaper Headlines

(Telecompaper) Time Warner announced that it rejected an unsolicited takeover offer from 21st Century Fox. The latter offered 1.531 of its own Class A non-voting shares and USD 32.42 in cash for each Time Warner share. Time Warner concluded that this did not provide sufficient value for shareholders. It decided not to enter into negotiations with 21st Century Fox, as the board expects that Fox will not be able to offer a significantly better bid. In addition to preferring its own strategy, Time Warner questioned the value of Fox's shares, recentl created from the break-up of News Corp, and Fox's ability to lead the bigger company created from a merger with Time Warner. Fox confirmed it made the offer last month, and the companies are no longer in talks. 

Tags: time century bid fox

 

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