The following corporate finance-related stories were reported by media on Tuesday: * Vodafone is facing pressure from Kabel Deutschland's largest shareholder to raise its 7.7 billion euro ($10.1 billion) offer for Germany's largest cable company, two sources familiar with the situation said.* Time Inc, the magazine publisher that is preparing to spin out from its parent company Time Warner Inc, is in talks to acquire American Express' titles such as Food & Wine, according to a report in the New York Times.
Time Warner Inc. (Time Warner) is a media and entertainment company. Shares of TWX traded higher by 1.29% or $0.79/share to $62.24. In the past year, the shares have traded as low as $42.61 and as high as $66.01. On average, 4196120 shares of TWX exchange hands on a given day and today's volume is recorded at 2975581.
Source
