Report: Goldman Sachs trying to convince Apple to bid for Time Warner
A Time Warner bid would be a large acquisition for Apple to swallow. The largest purchase that the tech titan ever made was the $3 billion buyout of Beats in May, 2014. But Apple has expressed interest in Time Warner in the past, and comments made by CEO Tim Cook during the company's earnings call on Wednesday make it appear as though Apple is open to strategic deals of any size.
Will Bugs Bunny end up holding an Apple instead of his trusty carrot? While Apple can use the content that a Time Warner acquisition would give it, the tech titan's MO is to make a number of smaller pickups instead of blowing its wad on one huge deal. Still, investment banking firms not involved in AT&T's offer would sell their own grandmother if it meant getting a fee. So we wouldn't be surprised to hear that Apple, or one of the other large U.S. tech firms, has hired a major Wall Street bank to investigate the possibility of buying Time Warner and stealing the company under AT&T's nose.
Posts: 14967; Member since: Sep 25, 2013
posted on Oct 31, 2016, 11:07 AM 4
Posts: 3795; Member since: Sep 30, 2009
posted on Oct 31, 2016, 11:28 AM 0
Posts: 6794; Member since: Mar 29, 2012
posted on Oct 31, 2016, 9:03 PM 0
Posts: 1043; Member since: Apr 11, 2012
posted on Oct 31, 2016, 11:34 AM 1
Posts: 2488; Member since: Feb 14, 2011
posted on Oct 31, 2016, 1:31 PM 0
Posts: 6897; Member since: Jul 11, 2012
posted on Oct 31, 2016, 12:09 PM 0
PhoneArena Comments Rules
A discussion is a place, where people can voice their opinion, no matter if it is positive, neutral or negative. However, when posting, one must stay true to the topic, and not just share some random thoughts, which are not directly related to the matter.
Things that are NOT allowed:
- Off-topic talk - you must stick to the subject of discussion
- Trolling - see a description
- Flame wars
- Offensive, hate speech - if you want to say something, say it politely
- Spam/Advertisements - these posts are deleted
- Multiple accounts - one person can have only one account
- Impersonations and offensive nicknames - these accounts get banned
Moderation is done by humans. We try to be as objective as possible and moderate with zero bias. If you think a post should be moderated - please, report it.
Have a question about the rules or why you have been moderated/limited/banned? Please, contact us.
Send a warning to post author
Send a warning to Selected user.
The user has 0 warnings currently.
Next warning will result in ban!
Ban user and delete all posts
Message to PhoneArena moderator (optional):