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Article: AOL Time Warner Board Fails to Oust Chairman Case.
- Article from:
- Knight Ridder/Tribune Business News
- Article date:
- September 20, 2002
CopyrightCOPYRIGHT 2002 Knight-Ridder/Tribune Business News. 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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By Shelly Emling, The Palm Beach Post, Fla. Knight Ridder/Tribune Business News
Sep. 20--NEW YORK--Only days ago, AOL Time Warner Chairman Steve Case was being called a corporate casualty in the making, about to be tossed out along with last week's Time magazine.
But the man behind America Online's gobbling up of the world's largest media company held onto his job at the company's board meeting Thursday.
News reports said AOL Time Warner's directors were angling to oust Case, spurred on by shareholders angry about a sharp drop in the company's stock since the 2001 merger.
Although some of the 14 board members may have been ...