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(AP Photo/Mark Lennihan, File)
Aug. 26 (Bloomberg) — Time Warner Inc., which fended off a $75 billion takeover bid from 21st Century Fox Inc., is offering buyouts to older employees at its Turner cable networks.

Turner, which includes the CNN, TNT, TBS and HLN cable channels, is offering voluntary buyouts to U.S. employees age 55 and older who have been working at the company for at least 10 years, according to an internal memo today. The company said it will also cut additional jobs.

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