Carl Icahn's ICAHN CAPITAL, LP has released its total holdings for the period ending December 31, 2007. What is most interesting is that, despite the many other positions, Mr. Icahn still has a sizable stake in both Time Warner stocks -- the parent company and the cable subsidiary.
As of December 31, 2007, Mr. Icahn lists the following positions:
- Time Warner Cable, Inc. (NYSE: TWC) 4,711,128 shares or roughly $130,027,000
- Time Warner Inc. (NYSE: TWX) 12,933,159 shares or roughly $213,526,000
- Full Holdings
This is much less than his prior investments in Time Warner Inc. and it is not a big enough stake to give him a great deal of influence behind the scenes at the company. But combined, these investments still represent some $333 million dollars. That's serious money.
As of 12:15 p.m. today, TWX is at $16.44, down 14 cents today and still battling back from a 52-week low of $14.64 reached on Jan. 23.
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Reader Comments (Page 1 of 1)
2-14-2008 @ 2:27PM
msweig said...
Gerald Levin...his name will live forever in Time Warner history as the man who ruined a once great company....MS