May 21st, 2008, 05:41 PM
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#1 (permalink)
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| Anime Otaku
Join Date: Oct 2001 Location: Tampa, FL USA
Posts: 108,970
| Time Warner Looking to Spend $9.25 Billion?
With the company spinning off its cable division, Time Warner will soon be looking to leverage an additional $9.25 billion in dividends. Acquisitions are likely, with television networks being a distinct possibility. Meanwhile, AOL is still operating under a large question mark, though industry insiders continue to ponder the potential of a merger or joint operation between AOL and Yahoo!. Quote:
Form the Time Warner Cable perspective, the big one-time dividend puts it outside of its target leverage ratio, but the company expects it to maintain investment-grade rating.
Source: paidContent.org |
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