In what could be this year’s biggest deal, AT&T agrees in principle to buy Time Warner for $85 bn
Telcos are in an acquisition mode this year. After the Verizon - Yahoo deal for $5 billion, here comes AT&T's in principle agreement to buy Time Warner for a whopping $85 billion, Reuters reported quoting sources. The deal, which has been agreed on most terms and could be announced as early as Sunday would be one of the largest in recent years in the sector as telecommunications companies look to combine... Read More