Cashing In On Time And Turner

How does an investor play Time Warner's (TWX) proposed takeover of Turner Broadcasting System (TBS/B) now that it seems hung up on maneuvering by insiders? Will there be a deal, or will John Malone, who heads Tele-Communications (TCOMA), which owns 21% of Turner, torpedo it? What about General Electric (GE), which owns the NBC Television Network? Will it go after Turner?

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