Ron Burgundy Posted October 23, 2016 Share Posted October 23, 2016 By Greg Roumeliotis and Jessica Toonkel NEW YORK (Reuters) - AT&T Inc said on Saturday it agreed to buy Time Warner Inc for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers. The biggest deal in the world this year will, if approved by regulators, give AT&T control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. The tie-up will likely face intense scrutiny by U.S. antitrust enforcers 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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