AT&T Reportedly in Talks to Buy Time Warner for $80B

Grab some popcorn — AT&T wants to take you to the movies. At least, that's the word on Wall Street after several reports citing unnamed sources said the giant phone company was in advanced talks to buy Time Warner, owner of the Warner Bros. movie studio as well as HBO and CNN. AT&T was said to be offering $80 billion or more, a massive deal that would shake up the media landscape. The acquisition would combine a telecom giant with a leading cellphone business, DirecTV and...

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