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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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 Responds to Lions Gate (LGF) Holders Poison Pill Vote
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Lionsgate (LGF) Shareholders Confirm Shareholders' Rights Plan
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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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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
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Lionsgate (LGF) Responds to Icahn Letter; Says Bid Woefully Inadequate; Highlights Company Achievements
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Icahn Reponds to Lions Gate (LGF) CEO on Rejection of Offer
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Lions Gate (LGF) Tells Icahn to Get Lost
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Notable Mergers and Acquisitions of the Day 03/23: TGI, PRGO, LGF, TWX (SNE)
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Lionsgate (LGF) Calls Carl Icahn Offer "Inadequate and Coercive"
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Lions Gate Entertainment (LGF) rejects Carl Icahn's unsolicited tender offer
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Icahn Now Wants "All" of Lions Gate (LGF)
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Notable Mergers and Acquisitions of the Day 03/19: LGF, MORN, DMND
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Icahn Announces Intent to Purchase All Shares of Lions Gate (LGF)
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Icahn now making offer for all Lions Gate (LGF) shares -Bloomberg
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Notable Mergers and Acquisitions of the Day 03/12: CF/ TRA, LGF, EXFO
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Lionsgate (LGF) Shareholders See Icahn Bid Inadequate
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Lionsgate (LGF) Receives Offer from Carl Icahn; 13.16M Common for $6/Share Cash
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Icahn Offers $6/Share To Acquire 29.9% of Lions Gate (LGF), Seeks To Thwart Co. From Entering Non-Core Transaction
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Lions Gate (LGF) Surges 6% as Icahn Offers to Buy ~13M Shares at $6/Share
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Carl Icahn announces a tender offer for shares of Lions Gate (LGF) at $6/share
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Carl Icahn Raises Stakes In Take-Two (TTWO) and Genzyme (GENZ), Slashes Stake in Yahoo! (YHOO)
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Icahn's 13Fs Show No Major Changes (YHOO, MOT, BIIB, AMLN, LGF)
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Carl Icahn Continues To Load Up On Lions Gate Entertainment (LGF)
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Icahn Pounding the Table on Lions Gate (LGF), Buys Another 500K Shares
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After-Hours Movers 6/17: LVLT, LGF, SIRI, AZO Higher; IMGN, SOA, HPT, CLC Lower
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Carl Icahn Bought Over 1M More Lions Gate (LGF) Shares Today
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Carl Icahn Continues To Buy Lions Gate Entertainment (LGF)
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Icahn Boosts Stake in American Railcar (ARII), Maintains Large Yahoo! (YHOO) and Motorola (MOT) Holdings
