×

Once registered, you can:

  • - Read additional free articles each month
  • - Comment on articles and featured creative work
  • - Get our curated newsletters delivered to your inbox

By registering you agree to our privacy policy, terms & conditions and to receive occasional emails from Ad Age. You may unsubscribe at any time.

Are you a print subscriber? Activate your account.

TW, Turner counsel caution

Published on .

Time Warner and Turner Broadcasting System issued a cautionary note Wednesday following news that the two companies are discussing a merger. "Significant issues remain to be negotiated," the companies said, "and there can be no assurance that agreement will be reached or a transaction consummated." Their statement said discussions concern an exchange of Time Warner stock for Turner Broadcasting stock, following which Turner would become a subsidiary of Time Warner.

Copyright August 1995, Crain Communcations Inc.

Most Popular
In this article: