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Technology Stocks : What about old Time Warner
TWX 98.770.0%Jun 15 5:00 PM EST

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To: sixty2nds who wrote (76)12/2/2005 9:04:10 AM
From: sixty2nds  Read Replies (1) of 102
 
04:09 TWX Dissidents plan to split Time Warner - Financial Times (18.16 )

The Financial Times reports dissident shareholders led by Carl Icahn are looking at splitting Time Warner (TWX) into four separate cos as part of a more radical restructuring of the media group than they have put forward so far, according to people familiar with the discussions. The final plan, which will form the basis of a proxy fight for board control, is still in the process of being developed by Lazard, the investment bank hired this week by Mr Icahn to analyze "strategic alternatives", and might come up with a different conclusion.
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