The move simply gives Malone a more liquid and tradable asset if he has normal voting rights. It's perfectly logical for Liberty to want voting rights in a company in which they own shares now that circumstances have changed.
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From a Time Warner stock perspective, it's just great that everyone is going back and really having to examine what is AOL and why is everyone so interested in it.
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Given how concerned investors are in the media sector, Viacom's ability to generate 5 percent revenue growth excluding the film business illustrates why we think there is significant underlying value in the assets.
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