Murdoch still eyeing Time Warner after rejection | Bangkok Post: news

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Murdoch still eyeing Time Warner after rejection

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Rupert Murdoch's conglomerate said Wednesday it made an unsuccessful bid for rival Time Warner which could shake up the media-entertainment world. 

Rupert Murdoch arrives at the Vanity Fair Oscar Party in West Hollywood, California on March 2, 2014

The bid by 21st Century Fox, which would have combined two of the world's biggest media-entertainment empires if allowed to proceed, was for $80 billion, a source familiar with the talks told AFP.

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