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1996.
- (Ironically, the rights to the material were ultimately returned to the company after they were sold in 1986 to Turner Broadcasting System, which in turn merged with Time Warner Inc. in 1996.)
www.britannica.com/topic/Time-Warner-Inc
In May 2006, Time Warner, which had owned 50% of Court TV since 1998, purchased the remaining 50% from Liberty Media and began running the channel as part of Turner Broadcasting. The channel was relaunched as TruTV on January 1, 2008.
After complex negotiations with Time Warner's Gerald Levin and TCI's John Malone, Time Warner finally agreed to acquire TBS for $7.6 billion. While it was met with resistance by certain shareholders and the Federal Trade Commission, the union was eventually cleared and completed in 1996.
Oct 11, 1996 · NEW YORK — Shareholders overwhelmingly approved Time Warner Inc.’s $7.5-million acquisition of Turner Broadcasting System Inc. on Thursday in a deal that vaults Time Warner ahead of Walt Disney...
Oct 10, 1996 · Time Warner Inc. and Turner Broadcasting System Inc. officially closed their $7.5 billion merger Thursday after shareholders of both companies voted overwhelmingly to approve the deal.
Sep 23, 1995 · Time Warner Inc. agreed yesterday to buy Turner Broadcasting System Inc. for about $7.5 billion in stock, creating the world's largest entertainment and media empire.
Jul 17, 1996 · Last year, Time Warner agreed to acquire Turner -- parent company of CNN and several other cable TV networks -- in a stock-swap deal originally valued at $7.5 billion. However, critics have...
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On September 22, 1995, Time Warner Entertainment—a New York City-based media company formed in 1989 through the merger of Time Inc. and Warner Bros. corporate parent Warner Communications—reached an agreement to acquire the Turner Broadcasting System and its associated properties (including TNT, TBS, CNN, Headline News and Cartoon Network ...
