Ever since Time Warner made it clear last month that it wanted nothing to do with a possible tie-up with Rupert Murdoch’s vast media empire, observers continue to weigh in on the likelihood of a merger despite the company’s protests.
Time Warner rejected the unsolicited $80 billion cash-and-stock proposal led by the Australian billionaire’s 21st Century Fox, citing a myriad of complicating factors. But that didn’t stop 21st Century Fox from announcing the sale of its pay-television business in Italy and Germany to British Sky Broadcasting Group for more than $9 billion on July 25, in what some analysts speculated was a move to free up assets in order for Murdoch to continue pursuing Time Warner.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
