Securities Law Prof Blog

Editor: Eric C. Chaffee
Univ. of Toledo College of Law

Wednesday, May 21, 2008

Time Warner Will Announce Cable Spin-Off Details

Time Warner will announce details of its plan to spin off its 84% owned subsidiary, Time Warner Cable, by year end.  The plan includes payment of a special $10 per share dividend by the cable company prior to the spin-off, which will bring Time Warner $9.25 billion.  WSJ, Time Warner to Detail Plan for Cable Arm.

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