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Time Warner investor day: Five things to watch
Time Warner investor day: Five things to watch

Time Warner Chief Executive Jeff Bewkes is poised to explain why bigger wouldn't have been better. Three months after refusing to entertain Rupert Murdoch's 21st Century Fox's takeover bid for his company, Bewkes is expected to outline his vision for a smaller, more cohesive Time Warner during an investor day in New York on Wednesday. Although Fox withdrew its $80-billion offer in early August, Wall Street has been eager to learn more about Bewkes' strategy to grow his company's value beyond the $85-a-share that Murdoch had offered. Wednesday's event is expected to draw more than 300 investors and analysts. So far, investors have been supportive of...

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