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AT&T Acquires Time Warner for $86 Billion 25 October 2016

Here comes the biggest deal of this time. AT&T has bought the entertainment giant Time Warner in a deal $86BN. In the terms of takeover, Time Warner shareholders will receive $107.50 per share including Time Warner’s net debt. The companies are currently determining which licences subject to rule by US regulator the FCC will transfer to AT&T in …

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