Time Warner (TWX) plans to buy a 31% stake in Central European Media Enterprises (CETV) for...

|About: Time Warner Inc. (TWX)|By:, SA News Editor

Time Warner (TWX) plans to buy a 31% stake in Central European Media Enterprises (CETV) for $241.5M and will launch television channels in the region. CETV +27.2%. TWX +6.5%.