Jeff Bezos May Buy Up Bankrupt CNN

cnn

Billionaire Amazon CEO Jeff Bezos is not in talks to buy CNN, despite speculation parent company AT&T could sell the network to offload massive debt. 

Sources close to the tech entrepreneur have denied reports he had his sights on the news station amid ‘rampant’ Wall Street chatter. 

A Fox Business report on Tuesday claimed Bezos had been the subject of ‘pretty hot and heavy’ speculation among investment sources who claimed he was looking to buy CNN should AT&T decide to sell the news organization.

AT&T is reportedly looking to shed some of its debt after acquiring Time Warner in 2018. 

CNN did not respond to requests for comment when contacted by DailyMail.com. 

However, a source close to Bezos denied reports that the mogul was interested in purchasing the network. 

Daily Mail

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