AT&T discussed takeover in meetings with Time Warner: Bloomberg

AT&T (T) to Acquire Time Warner (TWX) for $107.50/Share

AT&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

As 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

CNBC'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

CNBC'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.

FBR Capital Reiterates Outperform on Verizon Communications (VZ) Following Solid 3Q

FBR Capital reiterated an Outperform rating and $57.00 price target on Verizon Communications (NYSE: VZ) following the company's 3Q earnings report. Consolidated revenue of $30.9B was below the consensus of $31.0B, driven primarily by a 3.9% YOY decline in wireless revenue and a 2.3% YOY decline in wireline revenue. Adjusted EPS of $1.01 was ahead of the consensus estimate of $0.99.

Analyst David Dixon commented, "Weaker macroeconomic conditions and an... More

Wells Fargo Raises Valuation Range, Not Rating on Time Warner (TWX) Following Latest AT&T Speculation

Wells 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