How Google, Amazon Could Push AT&T Into Media Acquisition

What's behind AT&T's (T) apparent pursuit of media giant Time Warner (TWX)? AT&T craves rights to more content, as internet giants such as GoogleAmazon.com (AMZN) and possibly Apple (AAPL) push into web TV and entertainment services, analysts say.

Telecom conglomerate AT&T reportedly is nearing a cash-and-stock deal to acquire media giant Time Warner, with an announcement possible as soon as this weekend or Monday, the Wall Street Journal reported. Media and entertainment stocks jumped...

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