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Is CNN worth more than analysts think?
Is CNN worth more than analysts think?

Wall Street analysts may be underestimating the value of Time Warner's CNN unit, according to people with close knowledge of its operations. If Rupert Murdoch's 21st Century Fox is successful in its effort to buy Time Warner, it is expected to sell CNN, which competes with the Fox News Channel. Such a move would likely ease, though hardly eliminate, the concerns of the Justice Department, which would review such a deal for any potential antitrust concerns. Two prominent media analysts -- Marci Ryvicker of Wells Fargo and Kannan Venkateshwar of Barclays -- have both put CNN's value around $4.3 billion. That is an adjusted for taxes. Pre-tax value is in the $6-billion to...