Time Warner May Unplug Cable

Mar 12, 2008  •  Post A Comment

Time Warner CEO Jeff Bewkes said the company may sell its majority stake in Time Warner Cable, which would have more operational and financial flexibility under a different ownership structure, Multichannel News reports. Mr. Bewkes, who spoke at a Bear Stearns conference yesterday, said last month that Time Warner would decide in April whether to sell its 84% stake in the cable company, Multichannel News says.
– Danny King

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