Time Warner: Worth Keeping an Eye On : Circle of Competence
Read the full article at: http://www.circleofcompetenceblog.com/2008/07/time-warner-worth-keeping-an-eye-on/
Submitted by Circle of Compe... on Mon, 2008-07-07 18:23.
(via www.circleofcompetenceblog.com)
By the end of the year, Time Warner Cable (TWC), will be a stand alone entity after being spun off from Time Warner Inc. (TWX). TWC is a publicly traded company as it currently stands, 84% owned by its parent, Time Warner Inc. The carve-out occured early in 2007, trading between $36-43, but has plummeted down into the $20’s since.
