Report: AT&T In 'Advanced Talks' To Buy Time Warner, Warner Bros., DC Comics, More

Warner BRos. & DC Entertainment logos
Credit: Time Warner

AT&T Inc. is in "advance talks" to buy out Time Warner Inc. - which would include Warner Bros. and DC Entertainment, according to the Wall Street Journal. Upon rumors of this deal, Warner Bros. stocks rose 9.6% Friday morning, while AT&T's dropped 2.6%.

21st Century Fox mounted an unsuccessful takeover bid for Time Warner in 2014, offering a reported $80 billion sum.

Stay tuned for more on this developing story.

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