AT&T buying Time Warner for $85.4 billion

FILE - This May 14, 2014 file photo shows an AT&T logo on a store.
FILE - This May 14, 2014 file photo shows an AT&T logo on a store.

NEW YORK (AP) – AT&T buying HBO, CNN owner Time Warner for $85.4 billion, uniting a telecom giant and an entertainment conglomerate.

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