HBO Go? No Chance, Says Time Warner CEO Bewkes
One of the big M&A stories of the summer was Rupert Murdoch-led 21st Century Fox’s (FOXA) unsolicited ~$80b bid for Time Warner (TWX). The deal would have created a media behemoth, but after facing resistance from Time Warner and shareholders, Fox yielded (for now) and announced a big buyback instead. A couple important items emerged from all of the… Read More »