Saturday, October 22, 2016

UPDATE 1-AT&T set to announce $85 bln Time Warner purchase - sources

NEW YORK, Oct 22 (Reuters) - AT&T Inc is set to
announce as early as Saturday an $85 billion deal to buy Time
Warner Inc, sources familiar with the matter said,
giving the telecom company control of cable TV channels HBO and
CNN, film studio Warner Bros and other coveted media assets.


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