Reuters logo
Twenty-First Century Fox made $80 billion bid for Time Warner but was rebuffed: source
July 16, 2014 / 12:19 PM / in 3 years

Twenty-First Century Fox made $80 billion bid for Time Warner but was rebuffed: source

NEW YORK (Reuters) - Twenty-First Century Fox (FOXA.O) made a roughly $80 billion offer to buy Time Warner Inc (TWX.N) in recent weeks, but was rebuffed, according to a source familiar with the situation.

The bid amounted to about $85 per share in cash and stock, the source said.

Reporting By Soyoung Kim, Editing by Franklin Paul

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below