◆ Contrarian Corpus
Campaigns / Carl Icahn → Time Warner Inc.
Carl Icahn vs. Time Warner Inc.

Time Warner Inc. · TWX

1 deck published between 2006-02-01 and 2006-02-01 — 371 pages, 371 analysed slides total.

initial thesis

Timeline

Each deck in chronological order — click to open. This is the story of the campaign as it unfolded.

  1. 2006-02-01 initial thesis

    a2167198zex3

    371pp · full_deck

    Time Warner has underperformed its peer index by 51% under Parsons; splitting into four SpinCos (AOL, Content, Publishing, Cable) plus a $20bn buyback unlocks $30-45bn — a 35-54% premium.