Time Warner management has offered several reasons for not completely separating the cable business and buying back Time Warner shares aggressively, ... rejects management's arguments against separation and challenges management's capital return plan as a weak attempt to silence growing investor criticism.
More Quotes from Carl Icahn:
This conglomerate concept doesn't work, there is no synergy - just a bunch of people spending a large amount of money that should be spent on running different companies well.Carl Icahn
Without question, this company should do away with Columbus Circle.
Carl Icahn
Given the fact that, despite its exceptional assets and a generally favorable operating environment, the company's stock price has underperformed significantly since 2002, we believe the time for steps to make the board and management more accountable are long overdue,
Carl Icahn
I believe there is great value for Time Warner if it were broken into parts, ... get away from the huge cost structure and excessive layers of management at the top, both literally at the Time Warner Center, and figuratively.
Carl Icahn
Most of the hedge funds will vote with me and there will be some transference from some of the mutual funds, although others won't go against a sitting incumbent. It's no slam dunk, but we have a better chance then the world gives us.
Carl Icahn
To the extent that opportunities are now available to enhance value at AOL, which we believe there are, we implore management and the Board to move more decisively than they have in the past.
Carl Icahn
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Carrie P. Snow
To put it rather bluntly, I am not the type who wants to go back to the land; I am the type who wants to go back to the hotel.
Fran Lebowitz
The only good husbands stay bachelors: They're too considerate to get married.
Finley Peter Dunne