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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.
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.
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...
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...
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.
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.
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Sep 23, 1995 · Ending a tumultuous five-week courtship, Time Warner Inc. and Turner Broadcasting System said yesterday that they would merge their sprawling operations, reinforcing Time Warner's...