AT&T may announce deal to buy Time Warner as soon as Saturday
The two firms have reached an in-principle deal for about $85 billion
)
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The two firms have reached an in-principle deal for about $85 billion
)
AT&T Inc and media company Time Warner Inc are likely to announce a merger deal as early as Saturday, according to a source familiar with the matter.
The two companies reached a deal in principle for about $85 billion, sources said on Friday, paving the way for what would be the biggest deal in the world this year.
First Published: Oct 22 2016 | 11:39 PM IST