Time Warner IPO Could Pop in 2Q - Multichannel

Time Warner IPO Could Pop in 2Q

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AOL Time Warner Inc. chief financial officer Wayne Pace told investors and
analysts at a conference in Palm Springs, Calif., Thursday that Time Warner
Cable's much-anticipated initial public offering could happen in the second
quarter.

AOL Time Warner would own 79 percent of the spun-off cable operation, with
Comcast Corp. controlling the other 21 percent.

Comcast is expected to sell its portion as soon as possible.

Analysts pegged a Time Warner Cable IPO at $2 billion to $4
billion.

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