• By Nicholas Carlson
    May 21, 2008 11:40 AM 0
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    #timewarnercable

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    Time Warner formally spins off Time Warner Cable

    Time Warner will spin off its cable access division, Time Warner cable, by converting the subsidiary's B shares into A shares and handing them over to Time Warner shareholders. Then Time Warner Cable will pay Time Warner a $9.25 billion dividend. Because if you loathe something, you set it free. For $9.25 billion. [PaidContent]


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