at&t

Time Warner CEO says Only AT&T Approached With Offer

By Jessica Toonkel and Supantha Mukherjee Oct 24 – Time Warner Inc Chief Executive Jeff Bewkes said on Monday that AT&T Inc was the only company to make a takeover approach for the media group. AT&T said on Saturday it had agreed to buy Time Warner for $85.4 billion, or $107.50 per share, to gain

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