CNBC's David Faber and Rob Cox, Reuters Breakingviews editor, discuss Rupert Murdoch's pursuit of Time Warner and just high the media mogul is willing to go to win the bid.» Read More
Alex De Groote, media analyst at Peel Hunt, expects 21st Century Fox to present another offer for Time Warner in the coming days, and discusses how to invest in the media sector.
*BSkyB in talks to buy into Germany, Italy. LONDON, July 17- John Malone's cable group Liberty Global has bought a 6.4 percent stake in ITV from BSkyB, lifting shares in Britain's biggest free-to-air commercial broadcaster on hopes of a wider bid.
LONDON, July 17- Britain's pay-TV group BSkyB has sold a 6.4 percent stake in free-to-air broadcaster ITV to cable group Liberty Global, raising cash ahead of a possible deal to expand in Europe. BSkyB, which is in talks to buy Rupert Murdoch's Sky Italia and Sky Deutschland to create a European pay-TV powerhouse, said it had sold the stake for 481 million pounds.
SYDNEY, July 17- Media mogul Rupert Murdoch on Thursday criticised excessive financial regulation as stymieing free markets and urged Group of 20 governments to "take a back seat" to allow businesses to drive economic growth.
BOSTON, July 16- To clinch a deal to buy Time Warner Inc, Rupert Murdoch's Twenty-First Century Fox Inc will not only need to raise the value of its bid above $80 billion but also boost its ratio of cash to stock, investors said on Wednesday.
NEW YORK, July 16- Rupert Murdoch's Twenty-First Century Fox Inc made an audacious offer for Time Warner Inc that if it succeeds would transform the American media landscape and cement the 83- year-old's status as the most powerful magnate in U.S. media and entertainment.
July 16- If Rupert Murdoch succeeds in buying Time Warner Inc and CNN is put up for sale, the 24- hour cable news network could be worth $5 billion, according to one analyst's estimate. Murdoch's Twenty-First Century Fox Inc said on Wednesday it made an offer to buy Time Warner for about $80 billion.
Rejected Fox bid for Time Warner shows growth mood. NEW YORK— In a move that aims to counter consolidation among TV distributors, Rupert Murdoch's Fox has made an unsolicited takeover offer for rival media giant Time Warner for about $76 billion in cash and stock.
NEW YORK, July 16- Time Warner Inc's board, in rejecting 21st Century Fox Inc's $80 billion bid, insisted the offer undervalued the media conglomerate and raised fears about the dominating role that Rupert Murdoch's family would play, a person close to the situation said on Wednesday.
NEW YORK— Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:. Time Warner Inc., up $12.12 to $83.13. International Game Technology, up $1.42 to $16.92.
NEW YORK— Stocks are closing higher following strong earnings results and deal news from big U.S. companies. Time Warner soared 17 percent on news that Rupert Murdoch's Twenty-First Century Fox had made a bid for the media giant. Intel jumped 9 percent after reporting a surge in earnings as companies spent more on replacing PCs.
Time Warner has rejected an approach from Rupert Murdoch's 21st Century Fox. Here's why it will be hard to escape.
Bob Wright, former NBC chairman and co-founder of Autism Speaks, discusses what 21st Century Fox is hoping to create and the role of debt in a potential deal with Time Warner. Wright says the deal is only possible because of the extraordinary cheap cost of money.
CNBC's Julia Boorstin takes a look at all the entities involved in a potential deal between Time Warner and 21st Century Fox, and what the combined company could look like.
John Paulson, founder of hedge fund firm Paulson & Co., said corporate M&A activity "will continue for the foreseeable future."
Discussing the potential for a merger between 21st Century Fox, and Time Warner, with Michael Morris, Guggenheim Securities.
*Time Warner shares up 16.9 percent. NEW YORK, July 16- Rupert Murdoch's 21st Century Fox Inc said on Wednesday that Time Warner Inc had rebuffed its offer to buy the company, but people familiar with his thinking say he is determined to bring the U.S. media conglomerate into his empire.
Although Time Warner Inc. said Wednesday that it rejected last month's takeover bid from Twenty-First Century Fox Inc., a person familiar with the matter said that Fox Chairman and CEO Rupert Murdoch is determined, but disciplined, in continuing to pursue a deal.
CNBC's Julia Boorstin provides insight to the reaction in shares of cable companies after a $80 billion takeover offer from 21st Century Fox for Time Warner was rejected.
CNBC's Andrew Ross Sorkin provides insight to the $80 billion takeover offer from 21st Century Fox for Time Warner, which was rejected.