Billionaire investor Carl Icahn won control of oil refiner CVR Energy Inc after shareholders flocked to accept a takeover offer valuing the company at about $2.6 billion, ending a three-month-long war of words with the company's board.
CVR Energy, which has been opposing Carl Icahn's $2.26 billion bid to buy the crude oil refiner, said it had held discussions with the billionaire investor regarding his offer and proxy fight.
Thursday, 29 Mar 2012 | Posted By:
| Source: CNBC.com
Carl Icahn has a simple investment philosophy, he told CNBC: Buy "underperforming" companies and "make things change." That's why he is in a fight for energy company CVR Energy.
Thursday, 29 Dec 2011 | Posted By:
| Source: CNBC.com
This year was one of the most volatile stock market years in history thanks in part to a global debt crisis, geopolitical instability, downgrades, countless rallies and routs, and bankruptcies, among other notable events.
Carl C. Icahn and William A. Ackman battled in multiple courts over a 2004 deal, though it involved a sum of money that might seem like small potatoes to them, the New York Times reports.
Allscripts Healthcare Solutions is enacting a shareholder rights plan — or “poison pill” — to help it ward off an opportunistic takeover bid, even before an offer emerges... Read More
Carl Icahn's Icahn Enterprises has withdrawn a$1.73 billion hostile bid for Commercial Metals after less than 40 percent of the scrap metals giant's shareholders tendered their shares... Read More
Commercial Metals landed on the trader radar after the Fast Money pros spoke with billionaire investor Carl Icahn about his hostile $1.8 billion bid to buy the company.... Read More