Form 425 TIME WARNER INC. Filed by: TIME WARNER INC.

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Go back to Form 425 TIME WARNER INC. Filed by: TIME WARNER INC.

Credit Suisse Downgrades Time Warner (TWX) to Neutral Following Takeover

October 24, 2016 8:16 AM EDT

Credit Suisse downgraded Time Warner (NYSE: TWX) from Outperform to Neutral with a price target of $107.50 (from $90.00) after the company agreed to be acquired by AT&T for $107.50 per share.

Analyst O. Sheikh commented, "We believe the value of the offer... More