Carl Icahn
Carl Icahn is a billionaire financier, ranking #18 on the 2007 Forbes 400 list with an estimated net worth of $14.5 billion.
Icahn built a name for himself in the 1980s as a corporate raider. After keeping quite for years, Icahn made a major comeback as a 'activist investor'. An activist investor agitates companies for changes, including buyouts, share buybacks, and dividend increases.
Icahn has successfully pushed for changes at Time Warner (NYSE: TWX) and Temple-Inland (NYSE: TIN), among others. Icahn won board seats at Motorola (NYSE: MOT) after first failing.
In 2007, Icahn's activism successfully pushed biotech company MedImmune into a sales agreement with AstraZeneca (NYSE: AZN). Icahn is also involved with biotech company Imclone Systems (Nasdaq: IMCL), where he is Chairman of the Board.
In early, 2008 Icahn activist target BEA Systems (Nasdaq: BEAS) was sold to Oracle (Nasdaq: ORCL). Icahn held a 13% stake in BEA.
Icahn is also involved with developments at Biogen Idec (Nasdaq: BIIB) and WCI Communities (NYSE: WCI), which both unsuccessfully explored sales. WCI rejected a $22 per share takeover offer from Icahn in early 2007, only to see its stock plummet on the housing slowdown.
In 2008, Icahn targeted Yahoo! (Nasdaq: YHOO) after the Internet company failed to work out an acceptable merger agreement with Microsoft (Nasdaq: MSFT) Microsoft walked away from its bid for Yahoo! after months of bickering.
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Lionsgate (LGF) Responds to Icahn's Tender Offer Results; '68% Have Rejected Icahn Group's Offer'
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Carl Icahn Announces Results of Lions Gate Ent. (LGF) Tender Offer; 15.59M at $7.00/Share
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Carl Icahn Issues Response to Recent Lionsgate (LGF) Comments
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Lionsgate (LGF) Issues Letter to Shareholders Highlighting Icahn's History and Purposes
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Lionsgate (LGF) Issues Letter to Shareholders
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Lionsgate (LGF) Urges Shareholders to Reject Icahn Tender Offer
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Carl C. Icahn Sends Letter to Lions Gate Board (LGF); Is 'Truly Mystified' by Lions Gate Actions
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Soleil Securities Downgrades Lions Gate Entertainment (LGF) to Hold; Near-term Upside Matches Downside
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Mark Cuban Signals To Icahn He Can Have His Lions Gate (LGF) Shares at $7
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Genzyme Corp. (GENZ) and Icahn Reach Agreement Regarding Board Members
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Carl Icahn Gets $7.00/Share Tender Offer for Lions Gate (LGF) Approval from Minister of Canadian Heritage
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Soleil Securities reiterates a 'Buy' on Lions Gate Entertainment (LGF); Results Stronger Than Expected; Comments on Icahn Offer Extension
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Lions Gate Entertainment (LGF) Down 4.4% Post-Market, Narrower Loss Fails to Impress
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Lionsgate (LGF) Shareholders Reject Icahn Bid Offer, Again
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Icahn Extends Tender Offer for Lions Gate (LGF) Once Again, Now June 16
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Davenport Downgrades Lawson Software (LWSN) to Neutral; Reducing Estimates - Significant Upside Potential if Acquired
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Mentor Graphics (MENT) Flops In Q1, But New Icahn Stake Supports Share Price
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Carl Icahn discloses a 6.9% stake in Mentor Graphics Corp. (MENT) in a 13D filing
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Icahn Activity Pushes Lawson Software (LWSN) To New 52-Week High
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Notable 52-Week High's and Low's 05/27: NTAP, SNDK, VMW, LWSN, ORLY High; MON, AEO, CHIO, HOS Low
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Icahn Extends Lions Gate (LGF) Offer to June 1
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Icahn Lowers Stakes In CIT, BBI, YHOO; Raises Stakes in TTWO, GENZ and MOT; New Stake in CHK
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Icahn Goes Organic (HAIN)
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After-Hours Movers 5/13: BSMD, EFOI, HAIN, BIDZ Higher; BBI, XRM, COSI, CA, QTM Lower
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Icahn Reports 11.92% Stake in The Hain Celestial Group (HAIN)
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Icahn Responds to Lions Gate (LGF) Holders Poison Pill Vote
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Lionsgate (LGF) Shareholders Confirm Shareholders' Rights Plan
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Icahn Raises Stake in Motorola (MOT) by 42M Shares; Now Holds 162.66M Shares, or 7% of the Company
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Lionsgate (LGF) Shareholders Rejects Icahn Acquisition Bid
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Icahn Extends $7/Share Tender Offer for Lions Gate (LGF) to 8pm ET May 21
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Lionsgate (LGF) Announces Unfavorable Decision from BCCA Over Shareholder Rights Plan
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Lionsgate (LGF) To Have BCSC Decide on Cease Trade on Shareholder Rights Plan
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Lions Gate (LGF) Shares Cut to Above Average at Caris
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Lionsgate (LGF) Amends Shareholder Rights Plan; Icahn Votes Will Count
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Notable Mergers and Acquisitions of the Day 04/21: V/CYBS, CPN, LGF
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Lionsgate (LGF) Board Rejects $7.00/Share Takeover Bid from Icahn
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Top 10 News Items 4/12-4/16: SEC Charges Goldman with Fraud, Dow Closes Above 11,000 For First Time Since '08, Earnings Season Begins
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Unusual 11 Mid-Day Movers 4/16: PFWD, ENCO, RNN, FAZ, ISPH Higher; AEZS, RPC, MSB, HNSN Lower
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Morning Movers 4/16: PFWD, LGF, IMGN, PNK, BSX Higher; ABK, FHN, GOOG, AMD Lower
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After-Hours Movers 4/15: LGF, BSX, SIMO Higher; NPSP, GOOG, AMD, HNSN Lower
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Billionaires At Lions Gate (LGF)
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Lionsgate (LGF) Responds to Icahn's Raised Bid, Says Take No Action at This Time
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Lions Gate (LGF) Shares Jump 10% as Icahn Raises Bid to $7/Share
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Icahn boosts bid for Lions Gate (LGF) to $7/share
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Lionsgate (LGF) Sends Letter to Shareholders: Urges Investors to Reject Icahn Group's $6/Share Offer
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Proxy Advisory Firm Recommends Lionsgate (LGF) Holders Vote for Lionsgate's Shareholder Rights Plan
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Benihana (BNHNA) Higher On Reports Of Higher Bid
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Soleil Starts Lions Gate (LGF) at Buy, $8 Price Target; Discusses 'Icahn Paradox'
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Notable Mergers and Acquisitions of the Day 03/26: RSH, TUTR, LGF
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Lionsgate (LGF) Mails Proxies to Shareholders; Explains Rejection of Icahn Takeover Bid
