4 Merger and Acquisitions Stock Stories to Ignite Chatter
Time Warner (NYSE:TWX): Current price $50.51
The company is mulling the idea of selling its headquarters in New York and has asked real estate brokers to estimate the building’s value. If the sale occurs, Time Warner would relinquish a last vestige of its ill-fated merger with America Online, according to two sources. However, another source opined Wednesday that the firm might still retain its portion of the Time Warner Center, which constitutes a complex that Chief Executive Jeff Bewkes once called an “indulgence.”
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