Report: Apple Keeping 'Close Eye' On Time Warner Amid M&A Rumors

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According to the
New York Post
,
Apple Inc.AAPL
is among several companies that are paying particularly close attention to any strategic alternatives
Time Warner IncTWX
may decide to implement. The New York Post stated that Apple is a possible suitor for the entertainment company. The publication, citing "sources familiar with the situation," added that Apple is "eyeing Time Warner's assets to ease the launch of a stand-alone streaming TV service." Meanwhile, a "source close to Apple" also told the New York Post that Eddy Cue, Apple's content deals boss, is also "keeping tabs on proceedings at Time Warner." The New York Post further stated that
AT&T Inc.T
is "also seen as a possible Time Warner suitor." Meanwhile, Fox would also make a "good partner" for Time Warner, the publication also wrote.
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Posted In: NewsRumorsApple TVEddy CueFoxNew York PostTime WarnerTime Warner Sale
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