Murdoch's Fox Open To Giving Time Warner Board Seats In New Bid: Bloomberg - Presented by: The Aol. On Network

Rupert Murdoch’s 21st Century Fox is open to giving Time Warner shareholders seats on the new company's board if its takeover bid succeeds. Board representation could appear in a revised proposal. It did not say how many board seats were being considered and added the two sides are not currently in negotiations. Time Warner's board rejected Murdoch's $80 billion takeover offer earlier this month, but the Fox chairman and chief executive officer is expected to continue the pursuit.



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