AT&T buys Time Warner

CanadianWIB's picture
Rank: Baboon | banana points 110

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."

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Comments (5)

Oct 22, 2016

Any thoughts ?

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Oct 22, 2016

Allen & Company - Lead advisor for Time Warner

Oct 22, 2016

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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Oct 22, 2016

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