Given the fact that, despite its exceptional assets and a generally favorable operating environment, the company’s stock price has underperformed significantly since 2002, we believe the time for steps to make the board and management...

The Icahn Group believes that these actions would immediately narrow the gap between the current share price of Time Warner and the true value of Time Warner?s assets, which the Icahn Group believes is significantly...

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...

By agreeing to implement the critical corporate reforms we have supported for several months, Dick Parsons is making great strides toward enhancing shareholder value.

In life and in business, there are two cardinal sins,

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.

You learn in this business: It you want a friend, get a dog

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...

While we did not want to resort to litigation, we felt that it was imperative that we stop Toy Biz’s improper actions.

I think you would now agree that this would have achieved a far superior result for stockholders,

We’re happy that value for all shareholders is enhanced through this offer.

We’d like to see the company put up for sale, … VISX [management] is giving lip service to a sale.

Certain companies have publicized my Hart Scott filings in the hope that this might induce investors into running the price up, which might cause me to sell my shares, make a profit and become uninvolved...

We’re not about liquidating companies. But if you do that, why is that terrible? We’re not blowing up the factories. The person who buys it should be able to make the asset more productive.

Their earnings are way down. It’s time for management to go,

are currently satisfied with the status quo, [I am] not satisfied with the status quo.

not comment on whether I still have an interest in General Motors or whether I will buy or sell its shares.

Time Warner management has offered several reasons for not completely separating the cable business and buying back Time Warner shares aggressively, … rejects management’s arguments against separation and challenges management’s capital return plan as a...

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...

If we are able to conduct such a due diligence review, we believe that we may be in a position to make an offer for the entire company at a substantially increased price.

practicable at this time.

particularly important at Time Warner because of the difference of opinion between many large shareholders and management concerning the direction of the company and the lack of share price performance under current management.

If you just broke it up, the stock would be higher. In Time Warner, we’re saying the conglomerate concept does not work.

To the extent that opportunities are now available to enhance value at AOL, which we believe there are, we implore management and the Board to move more decisively than they have in the past.

provide a very low or no possibility of a successful recovery for the bonds.

We continue to believe that Time Warner’s stock is greatly undervalued and that the company is in need of a major restructuring,

is pretty much a sure thing.

a weak attempt to silence growing investor criticism.

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...

Doing this AOL deal is on the way, but not enough, to enhancing shareholder value at Time Warner, … It proves my point that there is a great deal of unrealized value here. The best...

I have never called Dick Parsons a moron. I don’t think Dick Parsons is a moron. Nothing could be farther from the truth.

Without question, this company should do away with Columbus Circle.

I have never covered a single share,

The registrants acquired the shares because they believe that the shares are undervalued in the market place,

I think the company should be put up for sale now, … is leaving the shareholders out on the brink if they [reject] this.

A great company should not be reactive.

I believe there is great value for Time Warner if it were broken into parts, … get away from the huge cost structure and excessive layers of management at the top, both literally at the...

In life and business, there are two cardinal sins, … The first is to act precipitously without thought, and the second is to not act at all. Unfortunately the board of directors and top management...

We sincerely hope that this important resolution has come in time to save Marvel and help restore it to its preeminent place in the growing global entertainment business.

shareholders’ patience is running out.

Mutual funds are becoming more attuned. If you have the capital to hold out, you will win in the end.

Last year, the company’s board and management claimed to act in the interests of stockholders by spinning off the tobacco business of RJR Nabisco,

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...

is greatly undervalued and that the company is in need of a major restructuring.