CARL ICAHN

More news
Investor Carl Icahn

Icahn's Stake In Texas Refiner CVR Now 80%

Billionaire Carl Icahn raised his share in CVR Energy Inc. (NYSE: CVI) to 80 percent and is completing the replacement of the nine-member board of directors after winning the support of shareholders in the Texas-based refiner and marketer of transportation fuels.
Chesapeake campus

Carl Icahn To Reveal 'Significant' Stake In Troubled Chesapeake Energy

Shareholder activist Carl Icahn is expected to disclose his acquisition of a significant piece of Oklahoma City-based natural gas company Chesapeake Energy Corp. (NYSE: CHK), which has seen shares tumble amid a federal inquiry, a securities class-action suit and near-record-low natural gas prices. Both parties have yet to publicly confirm the deal.
Carl C. Icahn

Icahn Sells LightSquared Debt, Creditors Extend Talks

Billionaire investor Carl Icahn has sold his $250 million debt holdings in Philip Falcone's telecom start-up LightSquared MOSAV.UL, while Falcone continues to negotiate with creditors to avoid a debt default, according to sources familiar with the matter.
IBTimes Logo

Icahn sues Amylin, pushes for sale

Carl Icahn sued Amylin Pharmaceuticals Inc to block enforcement of a bylaw that prevents the billionaire investor from launching a proxy fight that could lead to a sale of the maker of diabetes drugs.
IBTimes Logo

MF Global customers seek to streamline liquidation

The primary advocate group for former MF Global customers is undertaking an effort to convert the commodities broker's bankruptcy status to one that allows a more streamlined liquidation process, saying it would preserve more potential payback for customers.
IBTimes Logo

Fed-Mogul CEO to retire, creates new division

Auto parts supplier Federal-Mogul Corp said on Monday Chief Executive Jose Maria Alapont will retire at the end of this month and the maker of powertrain and safety technology will create an independent aftermarket division.
IBTimes Logo

Falcone is still a billionaire, despite troubles

Hedge fund manager Philip Falcone started 2012 with a series of setbacks, but there is one thing he can still count on this year: membership in the hyper-exclusive club of the world's richest people.
Investor Carl Icahn

Icahn Sweetens Offer for CVR Energy

Activist investor Carl Icahn announced Thursday he was sweetening a takeover offer for independent petroleum refiner CVR Energy Inc. (NYSE:CVI), proposing to buy all outstanding shares of the company, in cash, at $30 a share.
IBTimes Logo

Falcone eyes mobile asset sales, Icahn invests

Hedge fund manager Philip Falcone is looking at the possibility of selling some wireless assets to raise cash for his financially strapped telecom start-up LightSquared Inc, sources familiar with the matter said on Friday.
IBTimes Logo

Icahn snaps up some LightSquared debt: sources

Billionaire investor Carl Icahn is buying some of the debt of hedge fund manager Philip Falcone's LightSquared Inc as the ailing wireless-network company runs short of cash, according to two sources familiar with the matter.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.