Deals
Time Warner Said to Reject Sale Plan While Other Bidders Tied Up
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Time Warner Inc. isn’t interested in exploring a sale while potential suitors including Comcast Corp. and AT&T Inc. are busy with other deals and unable to bid for the media company, according to a person with knowledge of the matter.
AT&T, Comcast and Verizon Communications Inc. are all logical buyers and could drive up the price for the company, this person said, asking not to be identified discussing private information.