Posted: Wed. 31, 2007
Google makes bid to buy out Time Warner
PALLO ALTO, CA—Google Inc. made a hostile takeover bid today to purchase Time Warner Inc. at the price of $60 billion. Dr. Eric Schmidt, CEO and Chairmen of Google, wants this purchase to go through to combine Google’s growing business of content distributing with Time Warner’s content production. " Time Warner is a top notch company and with the purchase of Time Warner google will be able to combine content production and distribution."
Richard D. Parsons, CEO of Time Warner, says that this offer just " came out of the blue." The Time Warner Board has not yet had time to meet and disscuss the options this bid has left open.
Paul Kim, and Industry Analyst, says that " Time Warner would be foolish not accept this offer." Time Warner’s stalk is inflated and Google is prepared to take on such a large purchase.
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3 comments:
There were a few small grammar problems through out, but there also wasn't a lot of time to go over it. Good job
I think it sounds good. Its hard with such little time. I think you fit in some good information. There were some grammer errors, (stalk...stock) etc, but overall it was well written!
Good job on the story. There were a few problems with grammar that have already been mentioned, but I think that given the time allotment you did a very good job at presenting the most important information.
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