Comment on Did Time Warner Wait Too Long To Spin Off Time Inc?

Did Time Warner Wait Too Long To Spin Off Time Inc?

Wall Street’s divided on the question this morning, with Time Warner shares up just 1.3% following the announcement last night that it will convert the publishing unit into a separate company by year end. Make no mistake: Investors like the news, which will enable them to just bet on Time Warner’s thriving TV and movie businesses.

 

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