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New CEO to break up Time Warner?

Posted on September 17, 2007 at 3:49 PM
Filed under: CD Community | Corporate Strategy | Movers & Shakers
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Not likely, says The Wall Street Journal as it reports that investors are likely to see Jeffrey Bewkes succeed chief executive officer Richard Parsons before year's end. According to the Journal, associates say Bewkes is worried that a major restructuring may have little or no effect on the stock price, undermining one of the principal arguments for a breakup.

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