Rupert Murdoch withdraws $80 billion bid to take over Time Warner?blur=25

Fox had made an unsolicited bid to Warner one month ago but Warner countered the bid saying it undervalued the company. Fox said Warner was refusing to ‘engage with them’ and that it would buy back $6 billion of its own shares, according to media reports

exchange4media Staff Aug 7, 2014 8:07 AM