Time Warner Inc. Chooses to Separate Time Warner Cable Inc. Through Spin-off
Time Warner Inc. and Time Warner Cable Inc. today announced that Time Warner has elected to complete the separation of the two companies through a spin-off distribution involving a pro rata dividend of all of the Time Warner Cable common stock held by Time Warner to Time Warner stockholders.
Time Warner and Time Warner Cable continue to expect that the separation will be completed by the end of the current quarter.
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