2AT&T acquires Time Warner in media mega-deal

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novedades12AT&T acquires Time Warner in media mega-deal

AT&T and Time Warner have agreed to an $85 billion deal — one of the biggest media tie-ups ever.

The move, announced Saturday evening, will help AT&T expand beyond wireless and Internet service into programming. Time Warner (TWX) is the parent of CNN, TNT, HBO, the Warner Bros. studio, and other channels and websites.

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AT&T acquires Time Warner in media mega-deal