CNNMoney.com: “Carl Icahn has given up his plan to seek control of media company Time Warner, according to a news report Thursday.
The report in The Wall Street Journal online edition cited signs of a possible settlement between the activist shareholder, who leads a group that owns more than 3 percent of Time Warner’s stock, and management at the company. Icahn has been highly critical of management, most notably Time Warner CEO Dick Parsons, for the past few months.” More…
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