S&P Places AT&T (T) on CreditWatch Negative Following Move to Acquire Time Warner
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Sen. Al Franken Releases Letter to FCC/DOJ on AT&T (T)/Time Warner (TWX) Deal, Asks for Scrutiny of Merger - Bloomberg
October 24, 2016 2:40 PM EDTSen. Al Franken Releases Letter to FCC/DOJ on AT&T (NYSE: T)/Time Warner (NYSE: TWX) Deal, Asks for Scrutiny of Merger - Bloomberg
... MoreAT&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