What's In It For Time Warner?

What's in it for Time Warner? - at www.moneyweek.com - the best of the international financial media

Broadcaster ITV saw shares jump by up to 8% on a report in the Mail on Sunday that media giant Time Warner, Goldman Sachs and private equity group Apax Partners are considering a £6.6bn bid for the group.

"It's not something that's being actively discussed," said a source close to Apax according to Reuters.com. But rumours have "swirled for months" after the buyout group hired former BBC director general Greg Dyke last year.

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