icahn and time warner

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	icahn and time warner

bgclips

11-30-2005 9:17 PM

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tags:

time warner stock, ichan

bgclips says:

worth watching developments

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fe45c642-01c6-41ee-8259-3e8a4c687bfc/1CDD822F-793D-4162-96AC-2D7F52905026/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.nypost.com/business/business.htm" href="http://www.nypost.com/business/business.htm" style="font-size: 11px;">www.nypost.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.nypost.com/business/business.htm"><SPAN id=a10bl><I>November 30, 2005</I> -- <!--lead text-->Billionaire corporate raider Carl Icahn hired investment bank Lazard Ltd. and threatened to replace Time Warner's board of directors in his latest push to goose the media giant's stock price. <P><P>Icahn and a group of dissident shareholders said they will launch a proxy contest to replace a majority of Time Warner's board at its next annual meeting. <P>The group also said it had hired investment bank Lazard Ltd. to come up with ways the media conglomerate can increase shareholder value. <!--/lead text--><P><A class=a10redbu href="http://www.nypost.com/business/58588.htm">Full story</A> </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/1CDD822F-793D-4162-96AC-2D7F52905026/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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