21st Century Fox Withdraws Proposal to Acquire Time Warner

[mvcg66b3r]

Rupert Murdoch writes: “Our proposal had significant strategic merit and compelling financial rationale and our approach had always been friendly. However, Time Warner management and its Board refused to engage with us to explore an offer which was highly compelling.”

http://www.thewrap.com/21st-century...er&utm_medium=email&utm_campaign=contactology

 

[umfan]

Poor, long suffering TW shareholders.

Their pain will continue.

 

[Unregistered]

Damn. I really wanted Fox to buy Cartoon Network.

 

[Unregistered]

I would of liked to of seen what fox would of done with boomerang maybe air classic syndicated and fox kids shows

 

[davidgheller47]

That would've been huge for Fox Sports, they would've gotten Turner's sports rights. That would've put them on par with ESPN.