Time Warner Rebuffs Rupert Murdoch's Big-Dollar Bid For Media Giant

Time Warner has rejected a buyout offer, reportedly as high as $80 billion, from Rupert Murdoch's 21st Century Fox. A deal between the two companies would create a media powerhouse ? and a thicket of challenges for anti-trust regulators.

Source: http://www.npr.org/2014/07/16/332050421/time-warner-rebuffs-rupert-murdochs-big-dollar-bid-for-media-giant?ft=1&f=1020

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