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 Files Preliminary Oshkosh (OSK) Proxy, Looking for Shareholder Support
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Carl Icahn Files Q3 13F
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Oshkosh (OSK) Acknowledges Icahn's Board Nomination Submission
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Oshkosh Corporation Confirms Receipt of Director Nominations from Carl Icahn
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Icahn Seeking Six Oshkosh (OSK) Board Seats
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Form SC 13D/A OSHKOSH CORP Filed by: ICAHN CARL C
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Oshkosh (OSK) Could Be Worth $36 In a Deal, But Navistar (NAV) May Not Be Able to Pull It Off
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Carl Icahn Exercises Calls in Oshkosh Corp. (OSK); Stake Now at 9.5%
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Carl Icahn raises stake in Oshkosh (OSK) to 9.5%
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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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Benchmark Maintains a 'Sell' on Oshkosh (OSK) on Further Defense Downside; Potential Q3 Miss in Late July
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Unusual 11 Mid-Day Movers 07/01: (TBSI) (CAMP) (IDCC) Higher; (AUTC) (DMAN) (EK) Lower
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Oshkosh (OSK) Says 9.51% Icahn Stake 'Real'
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After Hours Movers 6/30: (OSK) (AREX) (APOL) (DNDN) (KBH) Higher; (EK) (WLT) Lower
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Oshkosh (OSK) Ramps 7% on New Carl Icahn Stake
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Icahn Capital Shows New 9.51% Stake in Oshkosh Corp. (OSK)
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Carl Icahn shows Oshkosh Corporation (OSK) stake
