Sunday, December 04, 2005

Icahn Eyes Time Warner Break-Up

Via CNN/Money.

Renowned investor Carl Icahn and his allies plan to push for Time Warner to be split into four separate companies, according to a published report.

The Financial Times reported Friday that Icahn and other dissident shareholders of the world's largest media conglomerate will call for the company to be split into cable, Internet, publishing and a fourth unit that will include its movie studios and television networks.

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