21st Century Fox unsuccessfully attempted to purchase Time Warner for $80 billion dollars in June, and Fox News anchor Shepard Smith‘s reaction to the news was priceless.
‘The boss tried to buy the CNN,” he said on Thursday, in reference to Rupert Murdoch’s failed bid.
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As TheWrap reported earlier, Time Warner’s Board of Directors declined Murdoch’s offer, but both Smith and his co-host Maria Bartiromo think an eventual acquisition is still entirely possible.
“I don’t think it’s over, Shep,” Bartiromo told Smith. “First of all, I wouldn’t be betting against Rupert, number one. Number two is, a lot of the shareholders who also own Time Warner also own 21st Century Fox. So, it’s a similar shareholder group that if they believe a deal would make sense in terms of synergies, than they’re gonna go for it. I suspect Rupert comes back with a higher bid.”
Smith agreed. “Beat ’em, buy ’em, sell ’em,” he added.
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Though the conversation was mostly fair and balanced, Smith couldn’t help but take a parting shot at his rival network.
“You could just repeat ‘Anthony Bourdain,’ ‘The Sixties’ and ‘Forensic Files’ twenty-four hours a day on a loop,” Smith said, referencing CNN’s programming lineup. “It’s gonna be great.”