Page (1) of 1 - 08/05/14
Video: Twenty-First Century Fox Withdraws Bid For Time Warner
By Clip Syndicate
|Twenty-First Century Fox said on Tuesday it had withdrawn its proposal to buy Time Warner Inc. "Time Warner management and its board refused to engage with us to explore an offer which was highly compelling," Chief Executive Rupert Murdoch said in a statement. The company also said its board had authorized a $6 billion share buyback program.
Time Warner Inc, Twenty-First Century Fox Inc, Turner Broadcasting System, Fox News Channel, Fox Broadcasting Company, The WB Television Network, Adult Swim, Proposal of marriage, Business News
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