Pre-reading questions:
- Do you watch television every day?
- Do you own a smartphone? If yes, what is your mobile provider?
The Time Warner company will merge with AT&T after the approval of $85.4 billion proposal. According to Jeff Bewkes, CEO of Time Warner, 78% of their shareholders are in favor of the merger and 99% of the shares voted were in favor of the proposal.
Vocabulary:
merge [verb] – combine or cause to combine to form a single entity
proposal [noun] – the act of presenting a plan or suggestion
shareholder [noun] – an owner of shares in a company
share [noun] – units of ownership interest in a corporation
favor [noun] – approval, support, or liking for someone or something
True or False:
- Time Warner will merge with T-Mobile.
- Jeff Bewkes is the CEO of Time Warner Company.
- AT&T will merge with Time Warner.
- The budget for the proposal is $85 billion dollars.
- 100% of the shareholders voted for the proposal.