Fox Looking to Acquire TWC; Apple & IBM Announce Partnership

The Dow Jones ends at another record close, driven higher by the continual growth in China and heated merger discussions. It appears that Rupert Murdoch, the chairman and CEO of 21st Century Fox, will continue to push to acquire Time Warner (TWC). Time Warner's shares even ended the day up 17%, despite the fact that Time Warner rejected the bid. Blackberry's (BBRY) recovery may be stopped in its tracks as Apple (AAPL) and IBM (IBM) announced a partnership that will allow IBM to offer special versions of the iPad and iPhone to its corporate customers.

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Published on Jul 16, 2014
By InvestorGuide Staff

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