13.01.2016 16:17:59
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Apple Eyes Time Warner Business: Report
(RTTNews) - Technology giant apple is reportedly in a move to acquire Time Warner Inc. However, Apple and Time Warner have not commented on the report published in the New York Post. AT&T is said to be the other suitor for the Time Warner.
Activists have been said to be mounting pressure on the media and entertainment company for a spin-off or a sale. A few months ago, it had rejected the offer from 21st Century Fox.
Apple has been looking for a perfect platform to support its upcoming streaming television service. A possible combination could help Apple access rich content: HBO shows, CNN news, Turner Sports, Warner Bros. Movies, etc.
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Apple Inc. | 220,35 | -1,56% |
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AT&T Inc. (AT & T Inc.) | 23,77 | 1,24% |
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