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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Mentor Graphics (MENT) Issued Open Letter to Shareholders
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Icahn Issues Letter to Shareholders of Mentor Graphics (MENT)
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Icahn Wants Mentor Graphics (MENT) to Disclose Terms of Convertible Notes Offering
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Casablanca Capital Castigates Mentor Graphics (MENT) Board; Sides with Icahn
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Mentor Graphics (MENT) Rejects Carl Icahn's Offer; to Proceed with Convertible Debt Offering
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Carl Icahn is Having a Rough Week... (MENT, LGF)
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Icahn Offers Loan to Mentor (MENT) to Stem Dilutive Debt Offering
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Icahn Sends Letter to Mentor Graphics (MENT) Board Following $17/Share Rejection; $253M Debt Offering
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Canaccord Genuity Morning Coffee on Mentor Graphics (MENT): Icahn’t Be Your...
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Pre-Open Movers 3/28: (RURL) (EK) (ALU) Higher; (FUQI) (CISG) (IL) Lower
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Mentor Graphics (MENT) Affirms Committment to Strategic Plan; Says Icahn's $17/Share Bid Undervalues Co.
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Top 10 News Items 2/22-2/25: Crude Cracks the $100/Barrel Level; Latest Q4 GDP Reading Worse-Than-Expected at 2.8%; HP Tumbles on Earnings, Outlook
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Needham & Company Maintains a 'Buy' on Mentor Graphics (MENT); Strong 4QF11 Results and Guidance Support Stock Price Without M&A Speculation
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Canaccord Genuity Morning Coffee on Mentor Graphics (MENT): Icahn Be Your Mentor
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Mentor Graphics (MENT) Confirms Receipt of Icahn Offer
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Morning Movers 02/22: (FONR) (TTHI) (SIGA) (ZRAN) Higher; (DCTH) (DAKT) (AMOT) Lower
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Pre-Open Movers 2/22: (ZRAN) (MENT) (CHK) (HD) Higher; (DCTH) (CLDA) (WMT) Lower
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Mentor Graphics (MENT) Shares Surging as Icahn Offers $17/Share in Cash
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Carl Icahn Offers Mentor Graphics (MENT) $17/Share in Cash
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Icahn Holds Talks With Mentor Graphics (MENT) CEO, Believes Company Should Be Sold
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Icahn To Nominate Individuals to Mentor Graphics' (MENT) Board
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Mentor Graphics (MENT) Sees Wild End of Day Trading
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Billionaire Icahn Goes For Mentor Graphics' (MENT) Jugular
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Mentor Graphics (MENT) volatility flat; shares near 30-month high
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Mentor Graphics (MENT) Higher As Icahn Says Company Should Be Sold
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Icahn Hangs on to Pharmas, Makes Housing Play, Increases Lions Gate Holding in Recent 13F (MOT, MAS, HAIN, More...)
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Carl Icahn Shows New Stakes In Energy Names and a Gun Maker (APC, NRG, SWHC)
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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
