By Jeremy Berke
Kevork Djansezian/Getty Images
Time Warner CEO Jeff Bewkes.
AT&T has reached a deal to buy Time Warner for around $80 billion at around $105 and $110 per share, The Wall Street Journal is reporting.
The deal will allow AT&T to expand into the television business, picking up channels like HBO and CNN.
This is a developing story. Please check back for updates.
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Source:: Business By Insider