[Infowarrior] - AT&T reaches deal to buy Time Warner for more than $80 billion: Report

Richard Forno rforno at infowarrior.org
Sat Oct 22 12:36:25 CDT 2016


AT&T reaches deal to buy Time Warner for more than $80 billion: Report

JeeYeon Park	| @JeeYeonParkCNBC
2 Mins Ago

http://www.cnbc.com/2016/10/22/att-reaches-deal-to-buy-time-warner-for-more-than-80-billion-report.html

AT&T has reached a deal to acquire Time Warner for more than $80 billion, according to a report from the Wall Street Journal Saturday. 

CNBC had previously reported that AT&T wanted to buy a media company, including potentially Time Warner, as rivals such as Verizon and Comcast have made moves in the media business, with ownership of properties like AOL and NBCUniversal, respectively.

This story is developing. Please check back for further updates.

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