Note To Time Warner: Murdoch Doesn't Take 'No' For An Answer

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Note To Time Warner: Murdoch Doesn't Take 'No' For An Answer

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Note To Time Warner: Murdoch Doesn't Take 'No' For An Answer

by Wochit 0:50 mins

Note To Time Warner: Murdoch Doesn't Take 'No' For An Answer

by Wochit 0:50 mins

Rupert Murdoch historically hasn’t accepted “no” for an answer. If the billionaire media mogul follows the formula he used to convince a reluctant Bancroft family to sell Dow Jones and The Wall Street Journal in 2007, Murdoch will continue pressing Time Warner to reconsider his takeover bid , which the latter rejected on Wednesday. A person with knowledge of Murdoch’s plans said he is willing to sweeten the initial $80 billion offer. If successful, Murdoch would add Time Warner cable channels including TBS, TNT and HBO to his existing media properties at 21st Century Fox such as the Fox broadcast network, FX and Fox Sports 1.

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