21st Century Fox Drops Time Warner Bid

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21st Century Fox Drops Time Warner Bid

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21st Century Fox Drops Time Warner Bid

WSJ Live 4:27 mins

21st Century Fox abruptly abandoned its takeover pursuit of Time Warner, citing both Time Warner's unwillingness to "engage with us" and a sharp drop in Fox's stock price which made a deal "unattractive to Fox shareholders." Marcelo Prince joins MoneyBeat.

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