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Time Warner Rejects Rupert Murdock Takeover Bid

The cable company rejected an $80 billion merger offer.
04:26 | 07/16/2014

Transcript for Time Warner Rejects Rupert Murdock Takeover Bid

I'm Michelle Franzen in New York -- the New York financial markets closed for Wednesday July 16 that the story -- And shares soaring today up a whopping 17%. How come -- investors are applauding the... See More
This transcript has been automatically generated and may not be 100% accurate.
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