- Reuters•41 minutes ago
AT&T is unlikely to rush to sell an expected US$30bn bond to fund its acquisition of Time Warner with analysts giving the M&A only a 50% chance of getting the green light from regulators, said bankers. The wireless giant has a US$40bn bridge loan in place from Bank of America Merrill Lynch and JP Morgan to help finance the US$85.4bn acquisition - about three-quarters of which is expected to be taken out in the US investment-grade bond market. With primary markets on fire in recent years, companies have taken out the bridge loan with a bond issue within months of announcing an acquisition.
- Zacks•1 hour ago
On today's episode of the Zacks Friday Finish Line podcast, Content Writer Ryan McQueeney and Editor Maddy Johnson take on the AT&T-Time Warner mega merger, as well as other high-profile earnings reports from this week.
Time Warner Inc. (TWX)
NYSE - NYSE Real Time Price. Currency in USD
|Bid||87.68 x 400|
|Ask||87.69 x 200|
|Day's Range||87.19 - 88.99|
|52wk Range||55.53 - 94.44|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||17.42|
|Avg Vol (3m)||5,704,643|
|Dividend & Yield||1.61 (1.82%)|