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21st Century Fox - Time Warner deal would face intense D.C. scrutiny
21st Century Fox - Time Warner deal would face intense D.C. scrutiny

A potential combination of entertainment giants 21st Century Fox and Time Warner would likely draw intense scrutiny from the Federal Communications Commission, Justice Department, Capitol Hill and consumer groups already concerned about media consolidation. Although Time Warner has rejected an offer valued at $80 billion by 21st Century Fox, industry analysts don't expect 21st Century Fox Chairman Rupert Murdoch to quietly go away. When Murdoch sets his sights on an asset, he is usually very aggressive in his pursuit. A pairing of 21st Century Fox and Time Warner would put the world's two biggest movie and television production companies under the same roof. Both companies also...

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