AT&T buys Time Warner
The New York Times just reported that Time Warner is going to be bought by AT&T. This deal will be massive as AT&T is prepared to pay $85.4 Billion ($107.50 a share in half-cash, half-stock deal) according to WSJ "AT&T will tap $40 billion in bridge loans, a person said, with $25 billion coming from J.P. Morgan Chase & Co. and $15 billion from Bank of America Merrill Lynch." http://www.wsj.com/articles/at-t-reaches-deal-to-… http://www.nytimes.com/2016/10/23/business/dealbo…
Any thoughts ?
Allen & Company - Lead advisor for Time Warner
AT&T to buy Time Warner (Originally Posted: 10/23/2016)
In a massive transaction, AT&T plans to take over Time Warner Inc.
Perhaps the most interesting tidbit of the article, however, pertained to the election and how it would influence the transaction.
I don't intend this to be another Trump vs. Hillary thread, just found his stance on the matter incredible interesting.
On another, less political note, good time to invest in some AT&T stock?
Here's the article
Funny for Trump, as a Republican, to say something like that. Just goes to show how all over the map Trump/the GOP is.
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