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The company's board will open talks with potential acquirers, setting the stage for a likely sale of the publisher of Fortune, People and Sports Illustrated.
Seven films are projected to top $10 million in sales this weekend.
The Spanish-language media company is preparing for a much-awaited market debut just as the incoming administration steps up an ongoing war with the press.
AT&T says its CEO and the president elect discussed investments, job creation and competitiveness at Trump Tower on Thursday -- not its pending tie-up with Time Warner.