Report: Time Warner passes on Fullscreen purchase


Time Warner (TWX +1.5%) has decided to pass on buying Fullscreen, according to Variety.

Sources say the company concluded a purchase in the neighborhood of $950M for the YouTube network wouldn't pay for itself.

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Comments (2)
  • joeo6334
    , contributor
    Comments (107) | Send Message
     
    It sounds as if TWX has learned to make cleared eyed and hard nosed aquisition decisions. No doubt pre AOL stock holders wished they had learned sooner.
    12 May 2014, 01:03 PM Reply Like
  • jackooo
    , contributor
    Comments (1738) | Send Message
     
    Amen to that remark. Still holding AOL at $151.20. Has to be one of the worst deals I have ever seen!
    12 May 2014, 01:08 PM Reply Like
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