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Facts. Time Inc. and Warner Communications were planning to merge. Time wished to get more into the television business with its HBO channel, and wanted Warner Communications's help. Then, Paramount made an offer to all the shareholders of $200 per share (up from an initial $175). Time shares had been trading at $120.
A staggered board of directors or classified board is a prominent practice in US corporate law governing the board of directors of a company, corporation, or other organization, in which only a fraction (often one third) of the members of the board of directors is elected each time instead of en masse (where all directors have one-year terms).
David Zaslav (born January 15, 1960) is an American media executive who is the current CEO and president of Warner Bros. Discovery. [ 1] Zaslav became CEO and president of Discovery, Inc. in 2006, and focused on the company’s core networks, programming, and expanding its reach into Digital media .Since the merger, Zaslav's new focus for the ...
America Online CEO Stephen M. Case, left, and Time Warner CEO Gerald M. Levin listen to senators' opening statements during a hearing before the Senate Judiciary Committee on the merger of the two ...
Sources close to AOL tell us that the board of directors will make a final decision on the AOL spinoff at a board meeting this Thursday, May 28, possibly undoing the $147 billion 2001 merger of ...
t. e. Cumulative voting (sometimes called the single divisible vote) is a variant on the single non-transferable vote (SNTV), which differs in that it allows a voter to split their support across multiple candidates. This can simplify strategic voting, by allowing larger groups of voters to elect multiple representatives by splitting their vote ...
“It’s hard to say given the dynamics of the time particularly as Mike mentioned, the market cap of the company — it was really the peak of the Internet boom, and it felt like a good time to ...
Time Warner Inc. Announces Five-Year Contract Extension with Chairman and CEO Jeff Bewkes NEW YORK--(BUSINESS WIRE)-- Time Warner Inc. today announced a new employment agreement with Chairman and ...