AT&T (T) in Advanced Talks to Acquire Time Warner (TWX) - DJ

October 21, 2016 10:57 AM EDT

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(Updated - October 21, 2016 11:00 AM EDT)

AT&T (NYSE: T) is in advanced talks to acquire Time Warner (NYSE: TWX), according to Dow Jones. The report said a deal could be announced as early as this weekend.

Timing could get delayed and talks could still fall apart.

Today's reports following news from Bloomberg Thursday that the two sides held recent merger talks.

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