«This transaction also underscores our commitment to a strategy of managing closely related, industry-leading businesses to maximize shareholder returns.»

«This is a terrific transaction that is the right thing to do for both the Time Warner Book Group and our shareholders. With its record-breaking performance in 2005, the Book Group is at the top of its game. To build on this success, however, it needs the scale and other advantages that come from being part of a larger, more global book publisher. This transaction also underscores our commitment to a strategy of managing closely related, industry-leading businesses to maximize shareholder returns. We wish our Time Warner Book Group colleagues continued success and the best of luck at their new home.»

«We are very pleased to have reached an understanding with Mr. Icahn.»

«Ted Turner's legendary record as a media pioneer and executive at Turner Broadcasting and Time Warner speaks for itself. He is a visionary leader who has made an extraordinary contribution to this company and, indeed, to the world at large.»

«By acting now to put these matters behind us, we avoid the costs and distractions of protracted litigation, an outcome we clearly believe serves the best interest of our shareholders,»

«One of the things that has strengthened the bond between Laura and me over the years is our shared belief in giving of ourselves to improve the life of our community. We are honored to receive this award and pledge to always strive to live up to the high ideals of its namesake and those of The Jewish Theological Seminary.»

«We wanted to move to a place where our cable company is separately structured, so we'd have cable-based currency to take advantage of further consolidation in the cable space, ... And we wanted to be able to dial up or down our ownership of cable, based on our view of the industry and of the needs of the company at a given point in time.»

«[News Corp. ( NWS : news , chart , profile ) , led by Chairman Rupert Murdoch, holds a controlling stake in DirecTV ( DTV : news , chart , profile ) .] Now, there's an interesting structure there, ... He owns 34%, but for all intents and purposes he's considered to be in control, and that may instructive in terms of where we're going with our cable.»

«I have valued partnering with Steve and am pleased he will continue to be active as a director even after he steps down as chairman in May. His extraordinary vision and unique experience will be invaluable, and I look forward to working with him for years to come.»

«[Case's decision was] reached entirely on his own, ... It's Steve's view that this is the best way to ensure we all can focus full attention on carrying out the strategy for growth which he's helped put in place.»