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Letter "C" » Carl Icahn Quotes
«We continue to believe that Time Warner's stock is greatly undervalued and that the company is in need of a major restructuring,»
«While we did not want to resort to litigation, we felt that it was imperative that we stop Toy Biz's improper actions.»
«If VISX agrees with me to submit to a vote of shareholders the best offer of $32 per share or higher from any qualified bidder, then I will be willing to commit the significant funds needed to commence the necessary effort to conduct due diligence and to attempt to raise the financing for the transaction.»
«Investors need to understand what level of debate actually occurred. Sunlight must be shed on the board's deliberations and a full account of the details of any studies conducted should be made immediately available to investors.»
«It is my belief that, if the proper partner were allowed to have control of AOL, shareholder value would be much more greatly enhanced than through a half-hearted joint venture that might only serve the purpose of entrenching management.»
«I believe there are and will be major opportunities to enhance Time Warner's value in future combinations. However these transactions might not be achievable if Time Warner enters into long-term arrangements that preclude future flexibility such as an agreement regarding search functionality.»
«We're happy that value for all shareholders is enhanced through this offer.»
«Most of the hedge funds will vote with me and there will be some transference from some of the mutual funds, although others won't go against a sitting incumbent. It's no slam dunk, but we have a better chance then the world gives us.»
«This conglomerate concept doesn't work, there is no synergy - just a bunch of people spending a large amount of money that should be spent on running different companies well.»
«If you just broke it up, the stock would be higher. In Time Warner, we're saying the conglomerate concept does not work.»