Scott Wapner | @ScottWapnercnbc
CNBC.com
Activist investor Carl Icahn has denied media reports Monday evening that he was building a large stake in media company Time Warner.
Icahn told CNBC, "I don't own one share of Time Warner and it annoys me that certain speculators use my name to make profits at the expense of other shareholders."
Speculation has been rampant for weeks that an activist investor, perhaps even Icahn himself, was building a stake in the company.
If true, it wouldn't have been the first time the billionaire set his sights on the media giant. In 2006, Icahn took a stake and urged Time Warner to split up, a fight he would end losing.
But at least to this point, it appears Icahn is not reloading for another boardroom battle.
A spokesman for Time Warner declined to comment on the reports.
About CNBC:
With CNBC in the U.S., CNBC in Asia Pacific, CNBC in Europe, Middle East and Africa, CNBC World and CNBC HD , CNBC is the recognized world leader in business news and provides real-time financial market coverage and business information to approximately 371 million homes worldwide, including more than 100 million households in the United States and Canada. CNBC also provides daily business updates to 400 million households across China. The network's 15 live hours a day of business programming in North America (weekdays from 4:00 a.m. - 7:00 p.m. ET) is produced at CNBC's global headquarters in Englewood Cliffs, N.J., and includes reports from CNBC News bureaus worldwide. CNBC at night features a mix of new reality programming, CNBC's highly successful series produced exclusively for CNBC and a number of distinctive in-house documentaries.
CNBC also has a vast portfolio of digital products which deliver real-time financial market news and information across a variety of platforms. These include CNBC.com, the online destination for global business; CNBC PRO, the premium, integrated desktop/mobile service that provides real-time global market data and live access to CNBC global programming; and a suite of CNBC Mobile products including the CNBC Real-Time iPhone and iPad Apps.
Members of the media can receive more information about CNBC and its programming on the NBC Universal Media Village Web site at http://www.nbcumv.com/mediavillage/networks/cnbc/.