Time Warner win would make Murdoch U.S. media king
July 16, 2014 at 20:37 PM EDT
NEW YORK (Reuters) - Rupert Murdoch’s Twenty-First Century Fox Inc made an audacious offer for Time Warner Inc that if it succeeds would transform the American media landscape and cement the 83-year-old's status as the most powerful magnate in U.S. media and entertainment.