Cable Network Stocks Active on Reports AT&T (T) Interested in Time Warner (TWX)
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AT&T (T) to Acquire Time Warner (TWX) for $107.50/Share
October 22, 2016 11:45 PM EDTAT&T Inc. (NYSE: T) and Time Warner Inc. (NYSE: TWX) announced they have entered into a definitive agreement under which AT&T will acquire Time Warner in a stock-and-cash transaction valued at $107.50 per share, confirming rumors earlier in the week. The agreement has been approved unanimously by the boards of directors of both companies.
Shares of Time Warner closed at $89.48 per share on Friday, giving the deal a 20% premium. Shares of Time Warner were trading at around $80 when rumors of a deal first surfaced on... More
AT&T (T) Agrees to Acquire Time Warner (TWX) for More than $80 Billion - WSJ
October 22, 2016 2:17 PM EDTAs has been rumored over the past couple days, AT&T (NYSE: T) has agreed to acquire Time Warner (NYSE: TWX) for $105-$110 per share, or more than $80 billion, the Wall Street Journal reported Saturday afternoon. A... More
CNBC's David Faber confirms AT&T (T) and Time Warner (TWX) are in advanced deal talks
October 21, 2016 11:42 AM EDTCNBC's David Faber confirms AT&T (NYSE: T) and Time Warner (NYSE: TWX) are in advanced deal talks
AT&T (T), Time Warner (TWX) Have Held Merger Talks - CNBC's Faber
October 21, 2016 9:21 AM EDTCNBC's David Faber confirms yesterday's Bloomberg report that AT&T (NYSE: T) and Time Warner (NYSE: TWX) held merger talks. Calls it a possibility.
Wells Fargo Raises Valuation Range, Not Rating on Time Warner (TWX) Following Latest AT&T Speculation
October 21, 2016 8:53 AM EDTWells Fargo analyst Marci Ryvicker raised her valuation range on Time Warner (NYSE: TWX) to $82-87 from $75-80 on recent speculation AT&T (NYSE: T) is interested in acquiring the company. The analyst is not convinced about a deal and maintained a Market Perform ratng.
Ryvicker commented, "Look, we've always... More
AT&T (T) Said to Discuss Idea of Takeover in Time Warner (TWX) Meetings
October 20, 2016 3:37 PM EDT(Updated - October 20, 2016 3:43 PM EDT)
AT&T (NYSE: T) said to discuss idea of takeover in Time Warner (NYSE: TWX) meeting, according to Bloomberg headlines.
UPDATE - Executives from both sides have met in recent... More