# Prof. Charlie Murphy comments on Rupert Murdoch's proposed acquisition of Time Warner

1 Faculty News July 22, 2014>

Excerpt from [Bloomberg](http://www.bloomberg.com/news/2014-07-22/murdoch-follows-strategy-that-won-dow-jones-pounce-leak-wait.html) -- “'People who are conservative can unload the stock because there’s probably a line around the block of hedge funds and risk arbs that are willing to take the risk,' said [Charlie Murphy](http://www.stern.nyu.edu/faculty/bio/charles-murphy), a professor of investment banking at New York University’s Stern School of Business. 'There’s a lot of demand out there because it’s a really exciting deal.'”

[Read more](http://www.bloomberg.com/news/2014-07-22/murdoch-follows-strategy-that-won-dow-jones-pounce-leak-wait.html)