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Mario Gabelli Sees Fox, Time Warner Nearly Doubling


There’s a slim chance that Rupert Murdoch’s move to drop Twenty-First Century Fox Inc (NASDAQ:FOXA)’s $80 billion bid for Time Warner Inc (NYSE:TWX) could be a negotiating ploy, said Mario Gabelli, chairman and CEO of Gamco Investors, which owns stakes in both companies.

Mario Gabelli Sees Fox, Time Warner Nearly Doubling

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