At&t will be $85 billion 400 million acquisition of Time Warner transition media giant poper

AT& T will be $85 billion 400 million acquisition of Time Warner transformation media giant U.S. stock market center: exclusive national industry sector stocks, premarket after hours, ETF, real-time quotes stock warrants Sina News Beijing morning news on October 23rd, AT& T and Time Warner announced a definite merger agreement. AT& T will be $107.50 per share cash and stock price to buy time warner. The total value of the deal reached $85 billion 400 million, the merger agreement has been unanimously approved by the board of directors of the two companies. The deal will bring large Time Warner content library and content production ability of AT& and T; the wide range of users, the world’s largest pay TV user groups, as well as powerful television, mobile and broadband distribution channels together. Currently, AT& T has hundreds of millions of mobile and pay TV users, and Time Warner’s media, including television network CNN, TNT, HBO channel, as well as film and television studio Warner brothers. After the completion of the transaction, AT& T will be transformed into a media giant. The sources said, AT& T CEO; Randall · Stephenson (Randall Stephenson) will serve as the CEO company after the merger, and Time Warner CEO Geoff · (Jeff Bewkes); Becks will leave after a period of transition. For Time Warner, the deal was Bex’s victory. Two years ago, he rejected the twenty-first Century Fawkes $85 acquisition plan. Another source said that if the time warner to accept other companies than AT&, T better offer, then you will need to pay $1 billion 700 million transaction failure costs. And if the transaction fails because of AT& T side, then AT& T will pay $500 million fee. Sources said, AT& T will get $40 billion bridge loan. $25 billion will come from JP Morgan, $15 billion coming from Merrill lynch. For AT&, T, the deal will help the operator explore new areas of growth. At present, the core of the mobile communication market is becoming saturated, and this market has not much room for mergers and acquisitions. Time Warner, along with the integration of pay TV distribution channels, as well as more and more viewers to stop using expensive cable TV service to online streaming video, the company is also facing pressure, the need to expand the scale, or merged with larger entities. The deal is the largest media and telecommunications industry since Custer bought NBC. The merged company will become an important competitor for Custer. The source said regulators are expected to review the deal, which is expected to be completed by late 2017. Regulators had expressed concern about the terms of the deal between Custer and NBC, especially if the demands of MR were severe enough to get 8相关的主题文章:

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