FCC OKs Time Warner's (TWX) planned spin/split of its Time Warner Cable (TWC) unit, leaving only...

|By:, SA News Editor
FCC OKs Time Warner's (TWX) planned spin/split of its Time Warner Cable (TWC) unit, leaving only the IRS to agree to make the move tax free. Separation - which will be preceded by TWC paying a $10.27 dividend - could come within weeks, Berstein's Craig Moffett says. TWX +0.2%. TWC -2.2%.