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Flood Warning & High Wind Watch

Flood warning now in effect for Wyoming, & Genesee Counties through late Monday. Snowfall from early this week combined with rainfall and warmer temperatures will result in flooding issues over the next 48 hours.

High Wind Watch in effect Monday November 24 for Monroe, Orleans, Genesee, & Wyoming Counties. Winds Gusts may exceed 50 mph.

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21st Century fox stops Time Warner deal

New York (AP) -- Twenty-First Century Fox is abandoning its attempt to take over Time Warner in a proposed deal that would have combined two of the world's biggest media companies.

The about-face announced Tuesday comes three weeks after Time Warner Inc. revealed that it had rejected 21st Century Fox's unsolicited $76 billion buyout offer.

Besides that rebuff, 21st Century Fox CEO Rupert Murdoch cited a decline in his New York company's stock price as one of the reasons for ending the pursuit of Time Warner.

With the proposed deal off the table, 21st Century Fox's board approved a plan to spend $6 billion buying back the company's stock during the next year.

 
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