Media conglomerate Time Warner Inc (NYSE:TWX) has had a bumpy year after the company’s share price plummeted on news that antitrust regulators were sniffing around its merger deal with AT&T Inc. (NYSE:T). However, as the trial has …
Time Warner chairman-CEO Jeff Bewkes received a windfall of stock awards in 2017, pushing his total compensation for the year to $49 million. Bewkes’ 2017 haul marks a 50% increase from the $32.6 million he took home in 2016. The …
The boost came from an extra allocation of stock awards. Bewkes received $32 million in stock grants last year, up from $7.8 million in 2016. Time Warner offered its top executives stock incentives to stay with the company through the …
The two companies agreed to the deal in October 2016. As part of the deal, Time Warner has given some employees a total of 5.7 million special retention restricted stock units as of the end of March, it said. The company also said it has …
Time Warner’s voting stock is widely held, while Fox’s voting stock is closely held within the Murdoch family. The bid would have been 60% stock based, but non-voting stock, which the Time Warner board rejected. That would mean that …
Time Warner shares soared 39 percent on news of the deal, climbing $25.31 1/4 to $90.06 1/4 a share on the New York Stock Exchange. AOL shares fell $1.75 to $72. Analysts expect competing Internet and entertainment companies to …
When news broke that AT&T (T) was purchasing Time Warner (TWX) in a cash and stock deal valued at $107.50 for Time Warner holders I felt very confident that the move would improve AT&T’s profitability and widen its moat. AT&T was (and …
The two companies agreed to the deal in October 2016. As part of the deal, Time Warner has granted 5.7 million shares of restricted stock as of March 31 to certain employees as part of a retention plan. The company also said it has …