DEALTALK-Fox seen selling CNN rather than spinning off despite tax bill
July 25, 2014 at 18:26 PM EDT
NEW YORK, July 25 (Reuters) - If Twenty-First Century Fox succeeds in buying Time Warner Inc, it's likely to sell CNN and pay billions of dollars in taxes rather than go through the headaches of spinning the cable news channel off to shareholders of the merged company, according to people familiar with the matter.