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AT&T reached a deal to buy Time Warner for $80 billion

Jeremy Berke
Updated
Jeff Bewkes
Jeff Bewkes

Kevork Djansezian/Getty Images

Time Warner CEO Jeff Bewkes.

AT&T has reached a deal to buy Time Warner for around $80 billion at around $105 and $110 per share, The Wall Street Journal is reporting. 

The deal will allow AT&T to expand into the television business, picking up channels like HBO and CNN. 

This is a developing story. Please check back for updates. 

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The post AT&T reached a deal to buy Time Warner for $80 billion appeared first on Business Insider.