Detailed text transcripts for TV channel - CNN - 20161022:09:47:00
Murdoch made a bid for time warn warner. he made an $85 a share bid for time warner in the summer of 2014 which was rejected at the time. now, senior sources back then indicated there would be interest in other bidders in a couple of years. and now here we are, a couple of years later. and time warner is at least unofficially on the block, up for sale. the time warner ceo, jeff bucus, is reportedly a willing seller at the right place and what we don't know is what the right price could be. time warner stock was trading around $80 before these reports on thursday. it is bummed up to closer to $...