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
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