Time Warner Explains Why It Doesn’t Want to Sell to Fox or Anyone Else (For Now)

Not surprisingly, Time Warner told analysts not to ask it about Fox’s now-dormant $80 billion bid.

Instead, analysts asked Time Warner CEO Jeff Bewkes, in several different ways, to explain why he rejected the deal.

If you like succinct versions, here it is: There’s really no point in us buying a big company or being bought by a big company, because we’re really big, and those deals are a mess. But never say never!