AT&T to acquire Time Warner for $85.4 billion

Telecommunications giant AT&T is poised to acquire media company Time Warner, giving it access to a massive library of content to broadcast across existing TV and Internet distribution systems. While it looks like this move will certainly benefit Time Warner shareholders, there may still be some hurdles to overcome. AT&T’s move is in line with its competitors Comcast and Verizon, in terms of picking up content providers, with much of the decision revolving around increasing advertising a...
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