Thursday, July 17, 2014

Murdoch Open to Bid Above $75 Billion for Time Warner  - Bloomberg

Murdoch Open to Bid Above $75 Billion for Time Warner  - Bloomberg: Twenty-First Century Fox Inc. (FOXA) is willing to pay more than $75 billion for Time Warner Inc. (TWX), according to people with knowledge of the matter, a sign Rupert Murdoch is undeterred after being rebuffed in an initial offer for the media company. Time Warner shares soared.

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