POSTED: 3:45 p.m. MT October 31, 2007
Google offers more than most could resist.
PALO ALTO, Ca., In a field all ready hosting big names like Yahoo! and Microsoft, Google proposed a hostile take over today of media conglomerate Time Warner Inc., a combination that some say could be ideal.
CEO and Chair of Google Inc., Dr. Eric Schmidt said, "Google has a history of striking when it is hot. We move when there is a good opportunity," when asked about the abrupt business venture. "Time Warner is one of the largest content producers in the world. We are one of the largest content distributors in the world. Our vision is to merge content production with content distribution," said Schmidt.
The purchase price is a reported $60-billion ticket involving debt, cash and stocks. Industry analyst Paul Kim said, "I do not know why Time Warner would turn this down."
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3 comments:
good. you had the wrong post time. the content was good. it covered many basics and made you want to read more. for a breaking story, this was great. Now lets see your redone post. :-)
Good job. I like your wording. I have nothing negative to say. Bravo!
Very good use of quotes. Good attention to details such as grammar and punctuation. Great job!
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