Icahn's Book: Split Up TW

Farrell, Mike
February 2006
Multichannel News;2/13/2006, Vol. 27 Issue 7, p33
The article reports on a 343-page book by Lazard Ltd., the advisor of Time Warner shareholder Carl Icahn, which calls for the split of the media giant into four separate publicly traded companies in 2006. According to the report, the company has lost about $40 billion in market capitalization since 2002. Lazard chairman Bruce Wasserstein claims that Time Warner had already lost some key acquisitions.


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