Hedge fund: Time Warner attractive regardless of deal outcome

|By:, SA News Editor

Don't let uncertainty over an AT&T (T +0.4%) buyout worry you, says hedge fund Margate Capital -- Time Warner (TWX +1%) is an attractive buy anyway.

“It’s hard to find a more compelling opportunity than Time Warner,” says Chief Investment Officer Samantha Greenberg, pointing to a stock "massively" underperforming the S&P 500.

Greenberg was speaking at a Reuters "No Safe Spaces for Big Media" panel.

"They've been in deal hell," she says of Time Warner, but even a success for the DOJ in its trial next month means other buyers will emerge, likely including Apple (AAPL +0.6%).

Subscribe for full text news in your inbox