AT&T reaches deal to acquire Time Warner

Posted by | October 22, 2016 14:18 | Filed under: Economy

Republish
Reprint


The deal is north of $80 billion.

The boards of the two companies are meeting on Saturday to approve the transaction, the people said. The deal is half cash and half stock, according to one of the people.

The acquisition is valued at more than $80 billion and pushes the carrier deeper into the traditional entertainment business at a time of stalled wireless growth.

Click here for reuse options!
Copyright 2016 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

7 responses to AT&T reaches deal to acquire Time Warner

  1. Buford2k11 October 22nd, 2016 at 14:20

    Somehow I think this is a bad idea…

    • Larry Schmitt October 22nd, 2016 at 14:51

      There will be only four media companies: Comcast, Disney, Viacom and ATT. One of them will gobble up Fox maybe.

      • Suzanne McFly October 22nd, 2016 at 17:40

        Yeah but rump tv will fill that hole.

        • Larry Schmitt October 22nd, 2016 at 17:41

          A perfect place for him.

  2. anothertoothpick October 22nd, 2016 at 20:08

    …

  3. anothertoothpick October 22nd, 2016 at 20:13

    ….

    https://www.youtube.com/watch?v=HOsrdddHOV0

  4. Duke Woolworth October 24th, 2016 at 15:51

    I ditched ATT when they crammed my phone bill. Now, as a TW subscriber, I have to deal with the heartless bastards again.

Leave a Reply