TX
Ternium S.A.NYSE
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  • Dec. 12, 2014, 12:13 PM
    • Time Warner (NYSE:TX) CEO Jeffrey Bewkes speculated on the potential for a mega-merger in the media industry yesterday during a discussion at a conference sponsored by Dealbook.
    • The exec mentioned CBS (NYSE:CBS) and Viacom (VIA, VIAB) as two companies that might like to combine within the sector.
    • Time Warner remains very much in the M&A discussion after spurning an $85-per-share offer from 21st Century Fox (NASDAQ:FOXA) earlier this year.
    • "I don’t want to talk about it," says Bewkes after already pointing to the elephant in the room.
    | Dec. 12, 2014, 12:13 PM
  • Nov. 28, 2011, 9:20 AM

    Ternium (TX) is up just 1%, far less than other steelmakers, after announcing it will partner with Tenaris (TS) to acquire a 27.7% stake in Brazilian steel manufacturer Usiminas, for $2.7B. Separately, Japan's Nippon Steel is acquiring a smaller stake in Usiminas.

    | Nov. 28, 2011, 9:20 AM