Will Time Warner Make A Bold Move? “The Hunted” May Become “The Hunter”

“The Hunted” May Become “The Hunter” by Global Slant

It was a little over two years ago that Rupert Murdoch’s Twenty First Century Fox [FOXA] proposed a buyout of Time Warner [TWX].

Naturally, TWX stock soared on news of the proposal while FOXA shares simultaneously tanked as Rupert Murdoch’s penchant for over-paying [i.e. Dow Jones] was on full display [see below chart]

Furthermore, the stock + cash deal had a nasty little detail. That is, the FOXA shares [to be used as equity currency] were non-voting. So, if a deal were to be completed, TWX shareholders would have no voice in the combined...