Pedestrians walk past an AT&T store in the Times Square area of New York, U.S. AT&T has agreed to buy Time Warner for $107.50 a share. Photo: Bloomberg

AT&T takeover of Time Warner will create a fierce competitor for Chinese firms

The US$85.4 billion deal would create a new media juggernaut, but first it must pass the scrutiny of US regulators

Topic |   Mergers & Acquisitions

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Pedestrians walk past an AT&T store in the Times Square area of New York, U.S. AT&T has agreed to buy Time Warner for $107.50 a share. Photo: Bloomberg
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