Case joins Icahn in cry for Time Warner split.(Steve Case, Carl C. Icahn)(America Online Inc.)
Multichannel News, December, 2005 by Farrell, Mike
Last week wasn't a good one to be Dick Parsons. The Time Warner Inc. chairman and CEO fielded shots from both sides last week as former Time Warner board member Steve Case published an essay in The Washington Post on Dec. 11 criticizing company management and calling for the media giant to be split into four separate companies, a proposal he said he put before the board in July that was summarily rejected.
Two days later, corporate raider and perennial thorn in Parson's side Carl Icahn demanded that Time Warner release the minutes from every board meeting where a separation of assets was discussed.
Case, who orchestrated the $112 billion merger of his America Online Inc. with Time Warner Inc. in 2001--now considered to be one of the worst...
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