Ron Burgundy Posted October 22, 2016 Share Posted October 22, 2016 By Greg Roumeliotis and Jessica Toonkel NEW YORK (Reuters) - AT&T Inc is set to announce an $85 billion deal to buy Time Warner Inc on Saturday, sources familiar with the matter said, the boldest move yet by a telecommunications company to acquire content to stream over its high-speed network in an attempt to appeal to a growing number of online viewers. The biggest deal in the world this year would give AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. It would likely face intense scrutiny by U.S. antitrust regulators worried that AT&T might try to limit distribution of Time Warner material. View the full article Quote Link to comment Share on other sites More sharing options...
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