Probably wasnt enough but still interesting. This would be a really big entertainment company. Probably not a good thing.
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Is Warner up for sale?
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Newscorp and TW have a lapping shareholder base of about 70%. That means Murdoch is paying 7 out of 10 of his shareholders without giving up any Newscorp stock, which is a nice deal. The downside is are the getting full value.
We wouldn't recognize the final product. A lot of parts would have to be merged or sold.
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