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AT&T DISCUSSED TAKEOVER IN MEETINGS WITH TIME WARNER: BLOOMBERG


Senior executives of telecommunications company AT&T Inc (T.N) and media conglomerate Time Warner Inc (TWX.N) have discussed various business strategies including a possible merger in recent weeks, Bloomberg reported on Thursday, citing people it said were familiar with the matter.Time Warner shares jumped 4.7 percent in regular trading and slightly extended gains after hours. AT&T shares slipped 1.8 percent. Neither side has yet hired a financial adviser, Bloomberg said. (bloom.bg/2enqBF9)

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