The Traderszone Network

Published in TZ Latest News 17 July, 2014 by The TZ Newswire Staff

Murdoch is pouncing on Time Warner while rivals are distracted

Rupert Murdoch looks to have been canny in his $80 billion takeover approach to Time Warner Inc, cornering the media giant at a time when potential “white knight” bidders are busy absorbing their own large deals. The absence of potential counter-bidders leaves Time Warner’s investors with a dilemma. They can either engage with Murdoch’s Twenty-First Century Fox Inc to negotiate a higher price, or play for time and wait until there are more potential buyers available.

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