Good news for anyone who thinks America’s leading telecom companies are too small and powerless — AT&T has agreed to buy Time Warner for more than $80 billion, according to the New York Times. The reported deal, which is largest merger of content and distribution since Comcast purchased NBC Universal in 2011, follows an earlier Wall Street Journal report on Friday that talks were underway.
Saturday, October 22, 2016
I don't have time to discuss how bad this is
AT&T to Purchase Time Warner for $80 Billion in Latest Media Megamerger by Eric Levitz
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