Icahn looks in every nook and cranny for a chance to pull the trigger on Dick and Co.
Published: Tuesday, December 13, 2005
| Deep pocket corporate rapist Carl Icahn will stop at nothing to get his way at Time Warner. He has requested the company's board minutes and presentations that allegedly support his strategy of breaking up the media conglomerate. Icahn said he agreed with former Chairman Steve Case's recent editorial in the Washington Post, which said it would be in the best interest of shareholders to undo the merger by splitting the company into four companies: Time Warner Cable, Time Warner Entertainment, Time Inc. and AOL. "In concept we agree with Mr. Case's conclusion that after four years of failed attempts to integrate Time Warner's various businesses, it is now time to liberate them so that each can have its own strategy, stock, balance sheet, management team and board," Icahn said in a statement. Where would this leave current Time Warner heavy Dick Parsons? -->Reuters |


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