Time Warner Makes $1.4B Play For Dutch TV Co. Endemol

Law360, New York (November 4, 2011, 8:19 PM EDT) -- Time Warner Inc. has launched an unsolicited, nonbinding offer for troubled Dutch television production company Endemol that could come in as high as $1.4 billion, a representative from Endemol said Friday.

Endemol spokesman Charlie Gardner confirmed the offer to Law360 and said it did not “come as a surprise,” citing the company's success in producing and distributing shows like “Big Brother” and “Deal or No Deal.” But he stressed that Endemol was not necessarily looking to sell.

“This doesn’t change anything; we remain focused on reaching...
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