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applegrove

(118,655 posts)
Fri Nov 10, 2017, 07:36 PM Nov 2017

Exclusive: Rupert Murdoch twice discussed CNN with AT&T CEO - sources

Jessica Toonkel at Reuters

http://www.reuters.com/article/us-cnn-murdoch-exclusive/exclusive-rupert-murdoch-twice-discussed-cnn-with-att-ceo-sources-idUSKBN1DA2PY?il=0&utm_source=twitter&utm_medium=Social

"SNIP..........

NEW YORK (Reuters) - Rupert Murdoch telephoned AT&T Inc (T.N) Chief Executive Randall Stephenson twice in the last six months and talked about cable network CNN, sources briefed on the matter told Reuters on Friday.

According to one of the sources, the 86-year-old executive chairman of Twenty-First Century Fox Inc (FOXA.O) offered to buy CNN in both conversations.

Another source said Murdoch had “zero interest” in owning CNN.

Representatives of Twenty-First Century Fox, AT&T and Time Warner, CNN’s parent, declined comment.

CNN has become the focal point in antitrust approval of AT&T’s $85.4 billion deal to buy Time Warner Inc (TWX.N), hatched in October 2016.


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