REPORT: Here's The Number Time Warner Wants
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Moments ago, Sorkin said what number Time-Warner would actually be looking for: $100/share.
"The number I keep hearing? $100. Give me $100 and maybe we can talk" - @andrewrsorkin, on $TWX $FOXA @CNBC
- Carl Quintanilla (@carlquintanilla) July 16, 2014
That would put the valuation of any potential deal at $94 billion.
Time-Warner shares were trading up about 18% to $83.76
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