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Rupert Murdoch Is Trying To Buy Time Warner For A Huge Price
Thursday, July 17, 2014 17:26
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Rupert Murdoch has made an ambitious play to buy media giant Time Warner, setting in motion a potentially massive merger.
The New York Times was the first to break the news about Murdoch's plans. The paper said that 21st Century Fox, one of the two huge media conglomerates owned by Murdoch, offered to purchase Time Warner for $80 billion, but was turned down.
21st Century Fox eventually confirmed that it had made an offer, but said it was not currently in discussions with Time Warner …. http://www.huffingtonpost.com
Source: http://luismmx.blogspot.com/2014/07/rupert-murdoch-is-trying-to-buy-time.html
