AT&T has agreed to acquire Time Warner in a stock-and-cash transaction that values the media giant at US$85.4bn. The acquisition comes just a little over a year after AT&T completed its jumbo acquisition of DTH giant DirecTV for US$48.5bn. AT&T (NYSE:T) has agreed to acquire Time Warner (NYSE:TWX) in a stock-and-cash transaction that values the media giant at US$85.4bn. The deal, which is expected to […]