Scalper1 News
Rupert Murdoch’s 21st Century Fox (FOXA) reportedly aims to take over Time Warner (TWX) as analysts say a wave of media consolidation beckons in the wake of proposed mergers among TV distributors. Time Warner’s stock shot up 15% in early trading to 81.66 on the stock market today after the New York Times reported that 21st Century Fox bid $80 billion for Time Warner in June but was rebuffed. Fox reportedly offered $85 in stock and cash for each Scalper1 News
Scalper1 News