Pay-TV: 21st Century Fox withdraws proposal to purchase its competitor Time Warner
The American broadcasting company 21st Century Fox announced on 05/08/2014 that it was withdrawing its proposal to purchase Time Warner, its main competitor in the American broadcast sector.
21st Century Fox made an initial offer to purchase Time Warner in June 2014 that was declined by Time Warner's board, and a second offer in mid-July 2014...