Time Warner, Twenty-First Century Fox Rumor Put Peer Companies In Play
Several peer companies are in play after CNBC reported that Time Warner (NYSE: TWX) rejected an offer from Twenty-First Century Fox (NYSE: FOXA) at $85 per share.
In addition to Time Warner shares trading 20 percent higher, the new valuation data has put many peer companies in play.
- Time Warner Cable (NYSE: TWC) shares are up 4.48 percent
- DirecTV (NASDAQ: DTV) shares are up 0.35 percent
- Disney (NYSE: DIS) shares are up 0.45 percent
- DISH Network (NASDAQ: DISH) shares are up 0.05 percent
Posted-In: Movers
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