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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Icahn Releases Letter to Motorola (MOT) Holders, Urges Election of Director Nominees
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Carl Icahn Boosts Stake in Enzon Pharm (ENZN), Wants Co To Consider a Sale
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Icahn boosts stake in Enzon Pharmaceuticals (ENZN) from 6.93%, Wants Co To Consider Sale
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Motorola (MOT) Marketing Chief Keller Leaves Company
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Icahn Boosts Stake in Motorola (MOT) to 6.3%
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J.C. Penney (JCP) Up On Chatter
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Shares of Sears (SHLD) Spike on Rumors That Icahn Could Take a Stake
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Icahn Discloses 5% Stake in Keystone Consolidated (KYCN)
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Following Icahn: You May Want To Pass on CSX Corp (CSX) For Now
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Icahn Gets FTC Okay To Boost CSX Stake
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Potential Bounce Candidates: NVDA, INTC, GENZ, UBS, LIZ
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Temple-Inland (TIN) Rumored To Be Purchased By Georgia Pacific
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Carl Icahn No Longer Holds Stake in Genzyme (GENZ)
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Summary of Icahn Capital 13F; New Stake In JCP, Ups Stakes in APC, M
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Icahn Capital Initiates Stake In Guaranty Financial (GFG)
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Carl Icahn Sells Stake In Children's Place (PLCE)
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Carl Icahn shows approx 200K stake in Amicus Therapeutics (FOLD)
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Carl Icahn boosts stake in Anadarko Petroleum (APC) by more than 1 million shares
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Carl Icahn shows 4.2M share stake in JC Penney (JCP)
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Carl Icahn boosts stake in Macy's (M) by more than 1 million shares
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Carl Icahn shows 200K share stake in Perry Ellis (PERY) in 13F
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Notable Mergers and Acquisitions of the Day 2/12 (MSFT/YHOO, ACM, ADS/BX)
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Icahn Discloses Stake in Alliance Data Systems (ADS), May Hold Talks On Blackstone Merger
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Carl Icahn discloses stake in Alliance Data Systems (NYSE: ADS) - 13D
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Take-Two Interactive (TTWO) volatility Elevated as shares rally
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Icahn Discloses 5% Stake in Motorola (MOT)
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Carl Icahn Raises Stake In Motorola (MOT)
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Unusual 11 Mid-Day Movers 2/4: SGTL, CHNR, CPSL, GBX, GU Higher; DTG, PPCO, CHRS, CWTR Lower
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Greenbrier Companies (GBX) Responds To Carl Icahn's 13D
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Greenbrier (GBX) Soars As Icahn Scoops Up Shares, Recommends Merger With American Railcar (RAIL)
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Icahn Discloses 9.45% Stake in Greenbrier (GBX), Discusses Possible Combination With American Railcar (ARII)
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Icahn Announces Four Motorola (MOT) Board Nominees
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Reports Icahn Accumulates Large Stake in J.C. Penney (JCP)
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Icahn Comments On Motorola (MOT) News: Says He is "Pleased", But Will Continue Proxy Fight For Bd Seats
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Reports Icahn Plans to Launch Another Proxy Fight to Gain Seats on Motorola's (MOT) Board
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Motorola (MOT) To Explore Options Including Separating Cell Phone Biz
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Icahn Confirmed Plans To Nominate 3 To Biogen (BIIB) Board, Says Buyout Process Was Flawed; Boosts Stake
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Biogen Idec (BIIB) Receives Director Nomination Proposal From Icahn
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Here's Your Next Pick Icahn (ADCT) - Love Cramer
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WCI Communities (WCI) Amends Credit Facility and Term Loan
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Icahn Has a Busy Day: BEAS, WCI, More...
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Icahn Makes Bullish Comments On Motorola (MOT)
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Icahn Comments on WCI Communities (WCI) Bankruptcy.
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WCI Communities (WCI) Sinks On Bankruptcy Fears
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Icahn Supports BEA Systems (BEAS) Buyout By Oracle - Bloomberg.
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Take-Two Interactive (TTWO) volatility Flat at 62
