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21st Century Fox faces big hurdles: NYT's Stewart

Thursday, 17 Jul 2014 | 8:03 AM ET

James Stewart, New York Times columnist, and Michael Wolf, Activate co-founder, discuss Time Warner's rebuff of Rupert Murdoch's $80 billion bid. It's clear there are a lot of synergies between these two companies, says Wolf. But Stewart points out the deal faces tough regulatory issues.