AT&T Reaches Deal to Buy Time Warner for $85.4 Billion – Wall Street Journal

AT&T Reaches Deal to Buy Time Warner for $85.4 Billion
Wall Street Journal
AT&T Inc. T -3.00 % has reached an agreement to buy Time Warner Inc. TWX 7.82 % for $85.4 billion in a deal that would transform the phone company into a media giant. The wireless carrier agreed to pay $107.50 a share, evenly split between cash and …
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