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To: BAW
Does Ted Turner still own lots of Time Warner?

Not a cent. After he was forced out as a VP, he gradually sold off all the shares he owned from the sale of Turner Broadcasting to Time Warner.

He was too prone to crazy talk which made the suits uncomfortable. They got rid of him when they had the chance so Ted sold all his shares which is one reason the stock proce stayed so low for so long.

8 posted on 01/01/2010 4:41:32 PM PST by OrangeHoof ("Barack Obama" is Swahili for "Bend over suckahs".)
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To: OrangeHoof

It should also be noted that Time Warner, Inc. no longer owns Time Warner Cable. Time Warner Cable is a stand-alone company on the NYSE. I think Time Warner does own stock in TWC but not controlling interest.


9 posted on 01/01/2010 4:47:50 PM PST by OrangeHoof ("Barack Obama" is Swahili for "Bend over suckahs".)
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