21st Century Fox, Time Warner Bond Spreads Converge Despite Takeover Rebuff

July 17, 2014   |   July 2014 Bond Updates
Bonds backing 21st Century Fox widened today as the company confirmed that it had made a formal proposal last month to acquire Time Warner Inc., adding fresh grist to the frenzy for media-sector consolidation, as content providers and video and cable outlets mount pitched battles for bargaining leverage.

View more at: http://www.forbes.com/sites/spleverage/2014/07/16/21st-century-fox-time-warner-high-grade-bond-spreads-converge-despite-takeover-rebuff/
 
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