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May 5, 1994

SEAGRAM TIPPED TO BID FOR TIME WARNER

By CBR Staff Writer

Seagram Co Ltd, now with about 15% of Time Warner Inc, is widely expected to bid for the diversified media company, but it is unlikely to be the only play in town, and gossips have been exchanging the name of BellSouth Corp as a possible bidder: the Atlanta phone company had no comment on the gossip.

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