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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.
May 21, 2008 in News Stories | Permalink
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