Murdoch Open to Over $75 Billion Bid for Time Warner
Bloomberg says Twenty-First Century Fox may offer above $85 per share for Time Warner, aiming for $1 billion in cost savings through overlapping functions. A deal could combine HBO and TNT TBS assets with Foxs film network, while CNN sales could appease regulators.
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Murdoch
Time Warner
Twenty-First Century Fox Inc
Time Warner Inc
Rupert Murdoch
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Bank of America to pay AIG 650 million settle disputes
Bank of America Corp will pay American International Group Inc 650 million to settle securities fraud litigation over mortgage backed securities sold before the financial crisis. The deal ends New York and California lawsuits and clears a major obstacle to the bank’s 8.5 billion settlement with investors tied to Countrywide assets.
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Bank of America Corp
American International Group Inc
AIG
Countrywide Financial Corp
Bank of America
New York
California
Bank
United Guaranty Unit
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