AT&T Inc. said that it will acquire Time Warner Inc. for $85.4 billion in cash and stock, becoming the latest telecommunication provider to seek to scoop up an original content provider.
January 23, 2017 at 01:10 PM
1 minute read
AT&T / Time Warner
AT&T Inc. said that it will acquire Time Warner Inc. for $85.4 billion in cash and stock, becoming the latest telecommunication provider to seek to scoop up an original content provider. AT&T would also assume Time Warner debt, pushing the deal’s value to $108.7 billion.
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