Time Warner Rebuffs Rupert Murdoch's Big-Dollar Bid For Media Giant
By: David Folkenflik
July 16, 2014
Time Warner has rejected a buyout offer, reportedly as high as $80 billion, from Rupert Murdoch's 21st Century Fox. A deal between the two companies would create a media powerhouse — and a thicket of challenges for anti-trust regulators.
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