According to this Fortune.com story: Time Warner: Is Icahn looking to deal with Diller?, that legenday investor Carl Icahn (he controls about 3.1% of outstanding TW shares) and who is preparing to wage a proxy fight for control of the TW board since he's not happy with the way the company is currently being led, has had conversations with IAC/InterActive president, Barry Diller. From the article: Icahn is also seeking to merge some of Time Warner's businesses -- AOL, the TV networks, and the movie studio -- with an Internet portal. A source says Icahn has had discussions with one...
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When Carl Talked to Barry: Sources Say Time Warner Investor
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