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Time Warner Ends Negotiations to Buy Stake in Vice Media

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Pedestrians walk past the Time Warner Center in New York, U.S., on Monday, July 21, 2014. Rupert Murdoch's 21st Century Fox Inc. is considering using proceeds from the sale of its Italian and German pay-TV assets to boost its offer for Time Warner Inc., according to two people familiar with the matter. Photographer: Michael Nagle/Bloomberg via Getty Images | Bloomberg via Getty Images

Time Warner has ended negotiations to buy a major stake in Vice Media, according to a person briefed on the discussions.

Read the whole story at NY Times