Will Bewkes face rebukes for spurning Fox?


Time WarnerRupert Murdoch’s Twenty-First Century Fox offered a per-share premium to acquire Time Warner only to be flatly turned down. Now Time Warner has to explain what it was thinking to both analysts and investors.

According to a Reuters report, TW has a model to which it can point: Disney, which itself turned down a takeover bid from Comcast some 10 year back.

Click here to Login & view the full article & read our famous RBR+TVBR observation (Not a member? Join Today!)