Dan Hutzler News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Welcome to countdown. A very good morning. Two deals have fallen through. What is going on . Reneges ont murdoch a 25 billion dollar offer for time warner when everybody thought it was not going to go anywhere, does it matter . This has me puzzled for little bit. Of course it matters. Not everyone recognized the capitulation. If you look at the share price, investors thought he would still go for it. Secondly, he has thrown a bone back to foxx investors. It is something they have not they were not anticipating. It is a bit rushed. We have both time warner and fox reporting this morning. You can imagine trying to defend. I think it is fascinating they decide to pull out of this deal so quickly. Maybe they misjudged the timing. The buyback, what does it mean for shareholders . Here we go. Share price reaction was dramatic. 6 . Shares rose about i love market psychology. Time warner shares were just above 85. That was the bid price. Though shares fell 14 , down to 73. So much for the time ....

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