Tag Archives: Time Warner Magazine Spinoff

About Time! Time Warner Sets Time Inc Spinoff For June

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After a failed sale to Meredith (MDP) and numerous delays in the process, Time Warner (TWX) is finally ready to spin off its magazine business, Time Inc. The new company will trade on the NYSE under the ticker ‘TIME’ and TWX shareholders will receive 1 share of TIME for every 8 TWX shares owned. The distribution will take place… Read More »

Time Can Wait: Magazine Spinoff Pushed Off Until 2014

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One step forward, another step back. With a new CEO finally in place, Time Inc’s spinoff seemed to be gaining some momentum. It turned out to be short lived though as Time Warner (TWX) CEO Jeff Bewkes announced during the most recent conference call that the spin would be pushed off until next year. The reason? Our top… Read More »