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AT&T close to buying Time Warner but Apple may step in – economy

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It will be the merger of the year and one of the biggest in Wall Street history if it comes off, but industry voices say a deal between telecoms giant AT&T and Time Warner could be inked as early as Sunday.

It is such a significant deal Apple is reportedly keeping a close eye on proceedings, which raises the possibility of a counter-bid. AT&T are reportedly offering 110 dollars a share for a total of 85 billion dollars, a sum that Time Warner rejected only last year from another suitor.…
READ MORE : http://www.euronews.com/2016/10/22/att-close-to-buying-time-warner-but-apple-may-step-in

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