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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Commercial Metals (CMC) Board to Review Unsolicited Offer from Carl Icahn
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Commercial Metals Company's Board of Directors to Review Unsolicited Tender Offer From Carl Icahn
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Icahn Enterprises Holdings LP Launches Tender Offer for All of the Outstanding Shares of Commercial Metals Company at $15 Per Share
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Icahn Goes Right to Commercial Metal (CMC) Shareholders with $15/Share Tender Offer
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Form SC 13D/A COMMERCIAL METALS CO Filed by: ICAHN CARL C
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Commercial Metals (CMC) Rejects Icahn's $15/Share Offer, Calls It 'Opportunistic'
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Commercial Metals Company Rejects Carl Icahn's Unsolicited Proposal
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Form SC 13D/A COMMERCIAL METALS CO Filed by: ICAHN CARL C
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Carl Icahn Issues Letter to Commercial Metals Company (CMC) Board
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Commercial Metals (CMC) volatility elevated; shares rally on Icahn $15 bid
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Form SC 13D/A COMMERCIAL METALS CO Filed by: ICAHN CARL C
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Unusual 11 Mid-Day Movers 11/28: (MGN) (CMC) (CX) Higher; (CLSN) (TX) (WG) Lower
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Commercial Metals (CMC) to Review $15/Share Icahn Bid
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Commercial Metals Company to Review Unsolicited Letter From Carl Icahn
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Form SC 13D/A COMMERCIAL METALS CO Filed by: ICAHN CARL C
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Morning Movers 11/28: (OXGN) (CMC) (VIT) (GMO) Higher; (CLSN) (WILC) Lower
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Pre-Open Movers 11/28: (CMC) (C) (AMZN) Higher; (GOLD) (GEF) Lower (more...)
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Icahn Makes $15/Share Bid for Commercial Metals Co. (CMC)
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Carl Icahn offers to buy Commercial Metals (CMC) for $15/share -Bloomberg
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Carl Icahn Files Q3 13F
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Pre-Opens Movers 10/20: (RVBD) (NOK) (YHOO) Higher; (PLCM) (WDC) (EBAY) Lower (more...)
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After-Hours Movers 10/19: (NEOP) (RVBD) (SCSS) (CBST) Higher; (PLCM) (CRUS) (MKSI) (CLB) Lower
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Icahn to Nominate 3 Directors to Commercial Metals (CMC) Board, Wants Co. to Redeem Poison Pill
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Shares of Commercial Metals (CMC) higher after hours as Carl Icahn files 13D
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Carl Icahn Liquidates Biogen Idec (BIIB), Chesapeake Energy (CHK); Targets Oshkosh (OSK), Forest Labs (FRX) and Commercial Metals (CMC)
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Commercial Metals (CMC) Adopts Shareholder Rights Plan Following Icahn Ownership Increase
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Commercial Metals (CMC) volatility elevated on Icahn reporting 9.98% stake
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Icahn Raises Stake in Commercial Metals Co. (CMC) to 9.98%
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Carl Icahn shows 9.98% stake in Commercial Metals Company (CMC)
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Icahn's Icahn Capital Shows New Stake in Amgen (AMGN), Clorox (CLX) and Southern Union (NYSE: SUG); Raises Dynegy (DYN), Lowers Chesapeake (CHK)
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Icahn Hangs on to Pharmas, Makes Housing Play, Increases Lions Gate Holding in Recent 13F (MOT, MAS, HAIN, More...)
