Time Warner, News Corp. bid for Sabah
Bids for Turkish group close to $1 bil
By Jill Goldsmith
Time Warner, News Corp. and private equity group Texas Pacific have placed formal bids to acquire Turkish media group ATV-Sabah, Reuters reported Monday from Istanbul, as U.S. media congloms looking to grow hunt for assets in overseas and emerging markets.
More:Time Warner, News Corp. bid for Sabah - Entertainment News, International News, Media - Variety