AT&T acquired Time Warner
Telecommunications giant AT & T Inc. acquired media company Time Warner for $ 86 billion. This was reported by the Wall Street Journal with reference to representatives of the parties. All necessary documents fixing the transaction will be sent to the Securities Commission on Monday, October 24, 2016. It is worth noting that in 2014, Time Warner CEO Jeff Bewkes rejected a similar proposal by Rupert Murdoch, convincing shareholders that the company under his command should remain independent. Becoming the new owner of Time Warner, AT & T Inc. Enjoy premium content including Warner Bros.'s library of movies, as well as the best HBO series, including Game of Thrones, True Detective, Westworld and many more. "Premium content always wins. This is true for both the big screen and the TV screen, and now the mobile screen has been added. We now have this content, plus we have the largest telecommunications network that can deliver it to every screen, "AT & T CEO Randall Stevenson commented on the agreement. The fate of the Warner Bros. Kevin Tsujihara is still questionable. The Topic of Article: AT&T acquired Time Warner. |
