HALISTER: Apple Executive Said to Have Discussed Time Warner Bid: FT

Apple Executive Said to Have Discussed Time Warner Bid: FT

(Bloomberg) -- Apple director Eddy Cue and Time Warner’s head of corporate strategy Olaf Olafsson discussed the idea at a meeting at end of last year, FT reports, citing three unidentified people familiar.
  • Discussions didn’t get beyond preliminary stage and never included the cos.’ CEOs, FT says
  • Apple and Time Warner declined to comment to the FT
  • NOTE: Apple watching for movement on a possible Time Warner sale or spinoff, NY Post reported in Jan.
  • NOTE: TWX rises 2.8% pre-mkt to $75.00 on 17.2k shrs
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
AAPL US (Apple Inc)
TWX US (Time Warner Inc)

People
Eduardo Cue (Apple Inc)
Olaf Olafsson (Time Warner Inc)

To de-activate this alert, click here

UUID: 7947283