COMPANY TOWN ANNEX

GE Denies Seeking Time Warner: Amid a swirl of rumors that it is trying to sell all or part of its NBC television network, General Electric Co. said it is not in talks with Time Warner Inc. about a possible purchase of the media company. The stock of Time Warner rose on a USA Today report that GE was considering acquiring Time Warner for $19 billion, or $50 a share. Despite GE’s denial, Time Warner stock closed $1.375 higher at $37.625 on the New York Stock Exchange, while GE, a conglomerate with interests ranging from aircraft engines to NBC, was 75 cents lower at $50.25. The USA Today report that GE was interested in Time Warner comes after weeks of intense speculation that all of the three major networks may be up for grabs.