Business Insider -
25 Jul 2014 04:00

Fox is only prepared to raise its offer for Time Warner to $90-$95 per share, sources familiar with Fox's thinking told the Wall Street Journal this week. Fox is also not willing to significantly increase the cash percentage of its offer, the same sources said. Well, for those hoping to see a deal get done, that's ostensibly bad news. Because based on everything we are hearing out of Time Warner, $90-$95 will not be enough to get a deal done. In fact, one of our sources believes, if Fox were to ...
Share this Article
Comment on this Article
Please to comment