what at ts over $80 billion takeover of time warner means for media stocks /

The ink hasbarely dried on telecom giant AT&T's over $80 billion cash and stock takeover of Time Warner,the owner ofHBO, Warner Bros. and CNN, or but the mega-deal is already creating waves in the mediaindustry. AT&T's acquisition puts struggling Twenty-First Century Fox further in the lurch,and it may strengthen [...]

Source: forbes.com