After Apple reportedly looked into acquiring Time Warner, it may be AT&T walking away with the media property. But Cupertino still has its eye on the price.
AT&T is in “advanced talks” to acquire Time Warner with a deal reportedly being finalized as early as this weekend. According to The Wall Street Journal, however, Apple is now closely monitoring the merger to see if any other bids surface or if other media properties suddenly become highly desirable. The AT&T and Time Warner deal could spark further consolidations of media companies with tech and telecom giants.
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