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28.10.2016 | 17:00

AT&T has confirmed the acquisition of Time Warner

AT&T Inc. Officially announced the upcoming acquisition of conglomerate Time Warner Inc. For $85 billion.

The deal will be one of the largest in the telecommunications sector over the last few years and the largest this year.

Time Warner owns cable channels TNT, TBS and CNN, as well as HBO channel, producing TV series "Game of Thrones" and "Wild West". Also, the company owns a film studio Warner Bros.

References in the article: m&a, time warner cable inc., at&t
Author’s view expressed in this publication may not reflect the views of edition. StockWorld is not responsible for information contained in the publication.
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