This is topic AT&T To Spend $85.4 Billion in forum General Yak at 8mm Forum.
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Posted by Maurice Leakey (Member # 916) on October 23, 2016, 10:55 AM:
AT&T is to spend $85.4 Billion to buy Time Warner, owner of Warner Bros film studio. The deal will also give AT&T access to cable channels, HBO and CNN.
Posted by Paul Mason (Member # 4015) on October 23, 2016, 11:20 AM:
These sums are mind-boggling to ordinary working folk but I suppose there are other conglomerates so big they could buy up AT & T quite easily. I hear Disney is enormous these days.
Posted by Winbert Hutahaean (Member # 58) on October 23, 2016, 02:00 PM:
Yes Disney may have that money (to buy AT & T) but also the rule of anti trust/monopoly may limit Disney to buy it.
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