For Immediate Release
Thursday, March 20, 2008
Googles Strikes While the Iron’s Hot
Hostile Bid Made
SAN JOSE Cal.- Google Inc. has made a hostile takeover bid concerning the company of Time Warner Inc. The offer is reported at $50 million. $35 billion is to be given in cash to all stockholders, $10 billion in stock, and the remaining $5 billion will be debt. Microsoft CEO buying Time Warner, but Google . made the offer first. Dr. Eric Shmidt, CEO of Google, stated, “Google strikes while the iron’s hot and the iron’s hot right now in the movie industry. This is the correct move at the correct time for Google.”
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1 comment:
When you write your second draft of this article you need to reword this sentence - "Microsoft CEO buying Time Warner, but Google . made the offer first." You did a good job getting the information in though
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