Time Warner Inc.’s share price up, changes bylaws to fend off takeover bid from 21st Century Fox
July 22, 2014 8:51 am
The board of Time Warner Inc., which last week fended off a $73 billion acquisition offer from 21st Century Fox Inc., reasserted the firm stand against the unwanted takeover bid by changing its bylaws, disallowing shareholders to call special meetings. The companys board has made the decision to block the rule that provided Time Warner […] Read more