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AT&T Inc has reached an agreement in principle to buy Time Warner Inc for about $85 billion, sources said on Friday, paving the way for a blockbuster deal that would give the telecom company control of cable TV channels HBO and CNN, film studio Warner Bros and other coveted media assets. AT&T, which sells wireless phone and broadband services, has already made moves to turn itself into a media powerhouse, buying satellite TV provider DirecTV last year for $48.5 billion. AT&T will pay $110 per Time Warner share, or about $85 billion overall, sources told Reuters.
CLEVELAND (AP) — Hillary Clinton ramped up her pressure on Donald Trump in the election's most competitive states Friday with an emotional TV ad targeting his criticism of a Muslim-American family. Trump vowed to go all-out in the final three weeks so he'll have no regrets — even if he loses.