- Reuters•23 minutes ago
AT&T Inc (T.N) has reached an agreement in principle to buy Time Warner Inc (TWX.N) for about $85 billion, sources said on Friday, paving the way for what would be the biggest deal in the world this year, giving the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. The deal, which has been agreed on most terms and could be announced as early as Sunday, would be one of the largest in recent years in the sector as telecommunications companies look to combine content and distribution to capture customers replacing traditional pay-TV packages with more streamlined offerings and online delivery. AT&T, which sells wireless phone and broadband services, has already made moves to turn itself into a media powerhouse, buying satellite TV provider DirecTV last year for $48.5 billion.
- The Wall Street Journal•34 minutes ago
AT&T Inc. will have significant hurdles to surmount in its ambitious pursuit of Time Warner Inc. beyond just negotiating a takeover price, as some say it’s not clear how tough it will be to win approval....
AT&T, Inc. (T)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||37.28 x 100|
|Ask||37.31 x 900|
|Day's Range||36.96 - 38.67|
|52wk Range||32.22 - 43.89|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||16.17|
|Avg Vol (3m)||19,645,575|
|Dividend & Yield||1.92 (4.88%)|