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CNBC Worldwide Exchange October 24, 2016

Good morning, happy monday and welcome to world wild exchange. Im sara eisen sitting alongside don chu in for wilfred frost. We have a big story today. Huge deal in media and telecom. At t buying time warner for 107. 50 a share. Half in cash, half in stock. The total price tag equals more than 85 billion. Well have a lot on this story all hour long. But first, well check in on the broader markets after you can see time warner shares up almost 3 . A big pop already coming on the back of reports that this deal was in the works. At t the acquired shares down about 3 at this early hour. You can probably imagine that this merger is probably given a little bit of fuel for the bullish side of the market. If you look at equity futures right now, you can kind of see that story playing out as well. If you look at the dow, we are going to be up by 80 83 points at this point, thats the indicated point for u. S. Futures. The s p up by ten points and the nasdaq up by 26. And a little of that probabl ....

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Debt-Laden China Oceanwide Plunges as USD92.9 Mln Hawaii Property Sale Falls Through

Debt-Laden China Oceanwide Plunges as USD92.9 Mln Hawaii Property Sale Falls Through
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Oceanwide Stake in Wuhan Project Frozen After NYC Seizure

China Oceanwide had its stake in a Wuhan project frozen by an arbitrator this week after creditors seized its New York project last week. ....

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