Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Report: AT&T in 'advanced talks' to buy Time Warner

Steve KovachOct 21, 2016, 20:36 IST

Time Warner CEO Jeff BewkesAstrid Stawiarz/Getty Images

AT&T is in "advanced talks" to buy Time Warner, The Wall Street Journal reports.

The news comes following a Bloomberg report Thursday that the two companies have been discussing an acquisition. The WSJ report says a deal could be announced as soon as this weekend.

Time Warner's shares have been halted after exploding on the news.

Developing... refresh this page for the latest.

NOW WATCH: The story of Lisa Brennan-Jobs, the daughter Steve Jobs claimed wasn't his

Please enable Javascript to watch this video