KQEH Nightly Business Report October 22, 2016
Such a deal would reflect the fast consolidation of the Media Communications and internet industries. The acquisition of time war fleury would give at t control of a lot of popular content, including cnn, hbo and valuable cable channels. The speculation sent shares of time warner up more than 7 , and at t lower by about 3 . But the deal isnt done yet. And there are additional reports that even apple may be interested. Media Companies Think bigger is better these days. And a merger of at t with time warner might be the biggest of all. Adding at t with the market cap near 233 billion to time war...