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: Here's The Number Time Warner Wants

Rob WileJul 16, 2014, 19:47 IST

Kevork Djansezian/Getty Images

This morning, Andrew Ross Sorkin reported Time-Warner rebuffed a $85/share buyout offer from Fox. The total valuation would be $80 billion.

Moments ago, Sorkin said what number Time-Warner would actually be looking for: $100/share.

That would put the valuation of any potential deal at $94 billion.

Time-Warner shares were trading up about 18% to $83.76