Time Warner has been managed for the short term. This has damaged the company's fundamental competitive position and its prospects for growth. This approach has cost shareholders a staggering $40 billion.
More Quotes from Bruce Wasserstein:
There is no compelling reason today for these businesses to remain together. Almost every strategic decision regarding AOL has been wrong.Bruce Wasserstein
Since 2002, almost every strategic decision concerning AOL has been wrong. Time Warner failed to nurture or invest in AOL.
Bruce Wasserstein
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Based on Topics: Time QuotesBased on Keywords: companys, shareholders, staggering, warner
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