Icahn Ends Effort To Take Control Of Time Warner

[SOURCE: Wall Street Journal, AUTHOR: Matthew Karnitschnig matthew.karnitschnig@wsj.com]
Investor Carl Icahn ended his effort to seek control of Time Warner amid talks that could result in a settlement between the activist and the media giant. Participants late yesterday said talks between the camps were ongoing and warned they could fall apart. Yet even without a quick resolution, Mr. Icahn said he had decided to run only five candidates for Time Warner's board, rather than the full, 14-member slate of directors he originally intended.
http://online.wsj.com/article/SB114010945965176010.html?mod=todays_us_pa...
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* Bid for Breakup of Time Warner Is Said to Falter
http://www.nytimes.com/2006/02/17/business/17icahn.html?hp&ex=1140238800...
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