According to Reuters, American telecom giant AT&T Inc is set to buy Time Warner Inc. for $85.4 billion in a 50% cash and 50% stock deal, making it one of the largest telecommunications and media empire in the world. The combined entity is expected to be worth around $300 billion, making it among the top ten most valued public company in the world.
By Varun Vasudevan | Oct 23, 2016 1:59 PM #At&T #TimeWarner #MergerDeal
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