time warner inc (TWX) Key Developments
Time Warner Inc. Announces Amendments to Articles of Incorporation or Bylaws
Jul 21 14
On July 21, 2014, the Board of Directors of Time Warner Inc. adopted an amendment to Article II, Section 3 of the company's By-laws, which became effective immediately. The Amendment removed provisions regarding stockholders' ability to cause the Board to call a special meeting of stockholders. The Board intends to adopt an amendment to the company's By-laws to reinstate the Special Meeting Provisions at the time of the company's 2015 Annual Meeting of Shareholders. Amendment to Article I as Section 1. Registered Office. The registered office of the company in the State of Delaware shall be at 1209 Orange Street, City of Wilmington, County of New Castle, Delaware 19801, and the registered agent shall be The Corporation Trust Company, or such other office or agent as the Board of Directors of the Corporation shall from time to time select. Section 2. Other Offices. The corporation may also have an office or offices, and keep the books and records of the Corporation, except as may otherwise be required by law, at such other place or places, either within or without the State of Delaware, as the Board may from time to time determine or the business of the corporation may require. Amendment to Article II as Section 1. Place of Meeting. All meetings of the stockholders of the Corporation shall be at a place to be determined by the Board. Section 2. Annual Meetings. The annual meeting of the stockholders for the election of directors and for the transaction of such other business as may properly come before the meeting shall be held on such date and at such hour as shall from time to time be fixed by the Board. Any previously scheduled annual meeting of the stockholders may be postponed by action of the Board taken prior to the time previously scheduled for such annual meeting of the stockholders. Section 3. Special Meetings. Except as otherwise required by law or the Restated Certificate of Incorporation of the Corporation, and subject to the rights of the holders of any series of Preferred Stock or Series Common Stock or any class or series of stock having a preference over the Common Stock as to dividends or upon dissolution, liquidation or winding up, special meetings of the stockholders for any purpose or purposes may be called by the Chief Executive Officer or a majority of the entire Board. Section 4. Notice of Meetings. Except as otherwise provided by law, notice of each meeting of the stockholders, whether annual or special, shall be given by the Corporation not less than 10 days nor more than 60 days before the date of the meeting to each stockholder of record entitled to notice of the meeting and shall be called by the corporation.
Race To Acquire Vice Media Reportedly Spurs
Jun 22 14
Twenty-First Century Fox, Inc. (NasdaqGS:FOXA), Time Warner Inc. (NYSE:TWX) and The Walt Disney Company (NYSE:DIS) are in the race to acquire Vice Media, Inc., The New York Times reported citing sources. Any agreement is likely to value Vice Media, Inc. at $1.5 billion to $2.5 billion. People familiar with the negotiations say the talks with Time Warner Inc. have made the most progress. Time Warner Inc. could buy a large, minority stake in Vice, and give Vice Media, Inc. control of the cable channel HLN, or they could operate the network as a joint venture. Twenty-First Century Fox, Inc., Time Warner Inc. and The Walt Disney Company declined to comment.
Univision May Take Year Or More To Decide On Potential Sale
Jun 20 14
Univision Communications Inc. held preliminary talks with CBS Corporation (NYSE:CBS) and Time Warner Inc. (NYSE:TWX) earlier this year about a potential sale but its Board could take a year or longer to decide on a possible deal, said Reuters, citing people familiar with the matter.
Time Warner To Acquire Stake In Vice
Jun 10 14
Time Warner Inc. (NYSE:TWX) is close to buying a large stake in Vice Media Inc.
Time Warner Inc. Presents at Sanford C. Bernstein Strategic Decisions Conference, May-29-2014 03:00 PM
May 19 14
Time Warner Inc. Presents at Sanford C. Bernstein Strategic Decisions Conference, May-29-2014 03:00 PM. Venue: Waldorf-Astoria Hotel, 301 Park Avenue, New York, New York, United States. Speakers: Jeffrey L. Bewkes, Chairman and Chief Executive Officer.