Report: Apple Keeping 'Close Eye' On Time Warner Amid M&A Rumors

According to the New York Post, Apple Inc. (NASDAQ: AAPL) is among several companies that are paying particularly close attention to any strategic alternatives Time Warner Inc (NYSE: TWX) may decide to implement.

The New York Post stated that Apple is a possible suitor for the entertainment company. The publication, citing "sources familiar with the situation," added that Apple is "eyeing Time Warner's assets to ease the launch of a stand-alone streaming TV service."

See Also: Lachapelle: Don't Be Surprised If Fox-Time Warner M&A 'Comes True'

Meanwhile, a "source close to Apple" also told the New York Post that Eddy Cue, Apple's content deals boss, is also "keeping tabs on proceedings at Time Warner."

The New York Post further stated that AT&T Inc. (NYSE: T) is "also seen as a possible Time Warner suitor." Meanwhile, Fox would also make a "good partner" for Time Warner, the publication also wrote.