Why Valeant, Oclaro, Time Warner, and More Are in the Spotlight

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AT&T Inc. (NYSE:T)‘s proposed acquisition of Time Warner Inc (NYSE:TWX) took a step forward after the executive body of the EU, the European Commission, gave the proposed merger its approval. Although some traders still aren’t sold that the U.S. will give the combination a similar thumbs up, the global clearance process is on track so far. Time Warner stock has trended up higher nicely, suggesting that the market believes the probability of a successful merger is increasing. 48 and 94 elite funds owned AT&T Inc. (NYSE:T) and Time Warner Inc (NYSE:TWX) at the end of December.

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