I believe there are and will be major opportunities to enhance Time Warner's value in future combinations. However these transactions might not be achievable if Time Warner enters into long-term arrangements that preclude future flexibility such as an agreement regarding search functionality.
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If we are able to conduct such a due diligence review, we believe that we may be in a position to make an offer for the entire company at a substantially increased price.
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Their earnings are way down. It's time for management to go,
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We're not about liquidating companies. But if you do that, why is that terrible We're not blowing up the factories. The person who buys it should be able to make the asset more productive.
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The Icahn Group believes that these actions would immediately narrow the gap between the current share price of Time Warner and the true value of Time Warners assets, which the Icahn Group believes is significantly higher,
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