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AT&T to Acquire Time Warner for $85.4B

Grab some popcorn — AT&T wants to take you to the movies. The company is buying Time Warner, owner of the Warner Bros. movie studio as well as HBO and CNN, for $85.4 billion in a deal that could shake up the media landscape. The acquisition would combine a telecom giant with a leading cellphone business, DirecTV and internet service with the company behind some of the world's most popular entertainment, including "Game of Thrones," "The Big Bang...

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