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Article: It's ugly in the Time Warner board room.(Time Warner Cable's decision about America Online Inc.)(Carl Icahn views)(Brief article)
- Article from:
- Client Server News
- Article date:
- December 5, 2005
CopyrightCOPYRIGHT 2005 G2 Computer Intelligence. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Hedge fund activist Carl Icahn is threatening to sue the Time Warner board--personally--if "they give away AOL the wrong way for the wrong reasons." What exactly would please Mr. Icahn, aside from the immediate departure of Time Warner CEO Dick Parsons, who he considers incompetent and behaving like a "feudal lord," is unclear. He definitely wouldn't like it if TW sold AOL outright, but that never seemed like it was in the cards. To help unseat most of the 14-man TW board, Icahn hired ...