Page 7 - Rival Bid News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Does it mean for the media landscape? i've heard a lot of people talk about other mergers that would likely be attempted if this one, in fact, was successful. >> well, at&t and time warner executives are breathing a sigh of relief. the lawyers of both companies are intaurants in d.c. right now having their celebratory dinners. by this time next week, e de will be closed and time warn will become part of at&t. but that's the first of a domino effect we're going to see of media mergers as well as deals in other industries. there are a lot of business executives out there, a lot of ceos out there...

Executives are breathing a sigh of relief. the lawyers of both companies are in restaurants in d.c. right now having their celebrato dinners. by this time next week, the deal will be closed and time warner will become part of at&t. but that's the first of a domino effect we're going to see of media mergers as well as deals in other industries. there are a lot of business executives out there, a loftt o ceos out there saying, okay, now we have the green light for our own mergers. that means more consolidation on the that means comcast. as early as tomorrow morning comcast will make a bid for 20...

Million devices the year before. they're getting a lot of competition from the likes of apple and they said going forward, they're expecting revenues to decline as much as 20%. and some breaking news this morning, jomana, involving msnbc and nbc, come comfort announcing its making a rival bid to fox to buy the uk-based sky. what's the offer and what are you details that you can tell us about? >> huge news, exactly, lewis. so comcast, the parent of this company, has made this offer for sky and sky is a european broadcaster with 23 million customers and thooeey're renown for having the soccer ...

We've also we've also got a couple of stories in the mix. we also have the likes of the london stock exchange actually rising. and that's helping to counter some of the losses on the ftse 100. that stock's living after a rival bid for the toronto market, tnx. perhaps, it may back out of that particular transaction. let's talk about the currency markets. this is how things look on that front. we've got the dollar trading, as you can see at 1.41 -- the eu$1o trading against the u.s. dollar. it it's currently at 80.94. pretty downbeat on the equity market. at least in the first hour or so of trad...

expected to ask for three arrest warrants in libya. they are said to be for those against crimes against humanity. a source says leader moammar gadhafi will be among those named. those living around the mississippi river, will leave for higher ground, as homes and farmland as residents have been ordered to evacuate. and two additional floodgates have been opened on the morganza spillway. the space shuttle "endeavour" has been cleared for launch today. and weather reports indicate a 70% chance of favorable conditions. "world business today" starts right now. good morning, from c...