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- 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.
www.sfgate.com/news/article/page-one-time-warner-closes-deal-for-turner-3023794.php
Turner Broadcasting System, Inc.[2] was an American television and media conglomerate founded by Ted Turner in 1965. Based in Atlanta, Georgia, it merged with Time Warner (later WarnerMedia) on October 10, 1996. As of April 2022, all of its assets are now owned by Warner Bros. Discovery (WBD).
Nov 2, 2015 · Time-Warner has reached an agreement to buy Turner Broadcasting System, in a deal that further boosts Time-Warner's standing as the world's largest entertainment and media conglomerate.
Oct 10, 1996 · NEW YORK (CNNfn) -- Time Warner Inc. and Turner Broadcasting System Inc. officially closed their $7.5 billion merger Thursday after shareholders of both companies voted overwhelmingly to...
Jul 17, 1996 · Federal anti-trust regulators have agreed to approve the $7.5 billion merger between Time Warner Inc. and Turner Broadcasting System Inc., CNNfn has confirmed.
Mar 6, 2019 · The acquisition of Time Warner by AT&T sees former NBC chairman Robert Greenblatt taking the helm of the new singular media conglomerate as chairman of WarnerMedia Entertainment — formerly HBO and Turner Broadcasting. Thirty-three-year Turner veteran and most recent president, David Levy, announced his resignation from Turner on Friday.
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Mar 12, 2019 · After AT&T acquired Time Warner last year (renaming the company WarnerMedia), Turner was set aside as a safety measure while the Department of Justice challenged the merger.