June 26- Billionaire investor Carl Icahn on Wednesday ratcheted up his fight with Occidental Petroleum over its pending purchase of rival Anadarko Petroleum by calling for a special shareholder meeting where he hopes to win board seats. The deal has been approved by the U.S. Federal Trade Commission and is expected to close in the second half of the year.
June 24- U.S. casino operator Eldorado Resorts Inc has agreed to buy rival Caesars Entertainment Corp for about $8.5 billion in cash and stock, as it looks to build scale to take on larger companies such as Las Vegas Sands and Wynn Resorts. Eldorado has made a series of acquisitions over the past few years including a $1.85 billion deal for Icahn-backed Tropicana...
NEW YORK, June 23- U.S. casino operator Eldorado Resorts Inc has agreed to merge with Caesars Entertainment Corp in a cash and stock deal that values its peer at about $18 billion including debt, people familiar with the matter said on Sunday. The agreement comes three months after Reuters reported that Caesars had agreed to give Eldorado access to its books under...
HOUSTON, May 30- Activist investor Carl Icahn sued Occidental Petroleum Corp on Thursday over its deal to buy rival Anadarko Petroleum Corp, signaling he may try to replace Occidental's board of directors and press for asset sales. Icahn's lawsuit, filed in Delaware Court of Chancery, seeks documents that detail Occidental's sale of preferred stock to...
Trump's EPA granted 35 such waivers for 2017, up sharply from seven in the final year of the Obama administration. Court documents filed by a biofuels advocacy group show that the EPA changed the policy before May 4, 2017. On that date, the EPA told a refining company in a letter that "we are changing our approach" to the waiver program by allowing exemptions to...
Throughout his career, Tony Robbins has had the opportunity to interview some of the smartest investors on the planet. And what they tell him over and over is that when it comes to investing, our own brain can be our biggest liability.
Longtime activist investor Carl Icahn sold his stake in Lyft prior to its initial public offering last week, according to sources familiar.
Xerox said on Thursday it will implement a structure in which the printer maker will become a wholly owned unit of a new holding company.
Carl Icahn reports owning 24.3 million Hertz shares, representing 28.9 percent of outstanding equity. That's down from 35 percent.
Recent outperformance has been driven by investments in ADP, Lowe's, Starbucks and Chipotle, according to the activist investor.
CNBC's Leslie Picker discusses Caesars' stock jump after billionaire Carl Icahn takes a stake in the gambling giant, according to sources. Last year, Tilman Fertitta, owner of the Houston Rockets and Landry’s, proposed a deal of $13 cash and stock for Caesars. Shares of Caesars jumped in early trading on Friday after falling 46 percent last year.
CNBC's David Faber reports on investor Carl Icahn building a stake in casino company. The size of Icahn’s stake is not immediately known. Caesars shares jumped 6.8 percent on Friday.
CNBC's 'Squawk on the Street' team discuss Dell shareholders approving the share buyout of DVMT which could lead to Dell becoming a public company once again.
It's especially important to remember when the markets are volatile.
People think billionaires take giant risks to get where they are, but most of them don't, says Tony Robbins.
CNBC's David Faber reports on Dell's new offer for its tracking stock.
CNBC's 'Squawk Box' team discuses the latest the fight between Carl Ichan and Micheal Dell over tracking stock VMware.
Rather than wasting cash and energy in offering public investors growth, companies like Kellogg and General Mills would maybe be better off going private.
CNBC's David Faber reports on Carl Icahn uping his stake in the technology company in an attempt to block the company's plan to return to the public market without an IPO.
CNBC's 'Squawk Box' team discusses Carl Ichan's letter urging voters to vote against the takeover bid.