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 Goes Right to Commercial Metal (CMC) Shareholders with $15/Share Tender Offer
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Icahn Enterprises Holdings LP to Make Tender Offer for All of the Outstanding Shares of Commercial Metals Company at $15 Per Share
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Commercial Metals (CMC) Rejects Icahn's $15/Share Offer, Calls It 'Opportunistic'
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Carl Icahn Issues Letter to Commercial Metals Company (CMC) Board
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Carl C. Icahn Issues Open Letter to Board of Directors of Commercial Metals Company
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Form 4 FEDERAL MOGUL CORP For: Nov 29 Filed by: ICAHN CARL C
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Form 8-K ICAHN ENTERPRISES L.P. For: Dec 01
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Icahn Enterprises (IEP) Announces $500M Rights Offering
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Icahn Enterprises L.P. Announces Rights Offering
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Icahn Enterprises (IEP) Files $500M Depositary Units Shelf
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Form S-3 ICAHN ENTERPRISES L.P.
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Form 4 FEDERAL MOGUL CORP For: Nov 23 Filed by: ICAHN CARL C
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Icahn Says it's 'Absurd' Commercial Metals (CMC) Doesn't Think Letter Constitutes Formal Bid
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Carl C. Icahn Issues Open Letter to Board of Directors of Commercial Metals Company
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Form 8-K ICAHN ENTERPRISES L.P. For: Nov 28
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Icahn Makes $15/Share Bid for Commercial Metals Co. (CMC)
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Carl C. Icahn Issues Open Letter to Board of Directors of Commercial Metals Company
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Icahn Enterprises (IEP) Will Transfer Listing to Nasdaq; to Continue with 'IEP' Ticker
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Icahn Enterprises L.P. to Transfer Stock Exchange Listing to NASDAQ
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Form SC 13D/A FEDERAL MOGUL CORP Filed by: ICAHN CARL C
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Form 4 FEDERAL MOGUL CORP For: Nov 18 Filed by: ICAHN CARL C
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Carl Icahn Files Q3 13F
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Icahn Enterprises (IEP) Reports Q3 Earnings of $5.46
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Icahn Enterprises (IEP) Declares $0.10 Quarterly Dividend; 1% Yield
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Form 10-Q ICAHN ENTERPRISES L.P. For: Sep 30
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Form 8-K ICAHN ENTERPRISES L.P. For: Nov 02
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Icahn Enterprises L.P. Reports Third Quarter Financial Results
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Form 8-K ICAHN ENTERPRISES L.P. For: Oct 27
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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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Icahn Enterprises (IEP) Declares $0.10 Quarterly Distribution
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Icahn Enterprises (IEP) Swings to Q2 Profit
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Icahn Enterprises (IEP) Swings to Q4 Profit; Declares $0.25 Quarterly Dividend; 2.5% Yield
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Dynegy (DYN) CEO, CFO Resign; Terminates Icahn (IEP) Merger Agreement
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Notable Mergers and Acquisitions of the Day 02/11: DYN/IEP
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Dynegy (DYN) Committee Urges Merger with Icahn (IEP); Sends Letter to Stockholders
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Dynegy (DYN) Receives Approval from FERC for Icahn Enterprises (IEP) Acquisition
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Icahn (IEP) Unit Extends Expiration for Dynegy (DYN) to Further Satisfy FERC Conditions
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Top 10 News Items 12/13-12/17: $858B Tax-Cut Bill Signed; Best Buy Tanks on Concerning Q3 Results; Visa, MasterCard Tumble As Durbin Strikes Back
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UBS Maintains a 'Neutral' on Dynegy (DYN); Icahn Announces Offer
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Notable 52-Week Highs and Lows of the Day 12/15: JOYG, CAT, EXEL, AKRX High; CLWR, NRG Low
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Notable Mergers and Acquisitions of the Day 12/15: NVS/ACL, DYN/IEP, CYPB
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Icahn Enterprises (IEP) to Buy Dynegy (DYN) for $5.50/Share in Cash
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Dynegy (DYN) to be bought by Icahn Enterprises (IEP) for $5.50/share
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Icahn Enterprises (IEP) Closes $500M Senior Notes Offering
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Icahn Enterprises (IEP) Reports Stronger Q3 Results
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Icahn Enterprises (IEP) Declares $0.25 Quarterly Distribution; 2.8% Yield
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Icahn Enterprises, L.P. (IEP) Posts Narrower Loss of $0.09 for Q4; Revs Better Y/Y
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Icahn Enterprises (IEP) Retracts Pay-In-Kind Redemption Notice
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Icahn Enterprises (IEP) Plans to Offer $2B in New Debt
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Trading Radar for 11/05: Starbucks (SBUX), CBS Corp. (CBS), CVS (CVS), Toyota (TM), Thomson Reuters (TRI)
