Icahn's stake is said to be below the 5 percent limit that warrants public disclosure, CNBC said.
Hedge fund manager Carl Icahn is cashing out of casino business Tropicana Entertainment Inc in a deal selling most of its properties and operations for $1.85 billion.
SandRidge Energy Inc, which is in the middle of a proxy fight with top shareholder Carl Icahn, said it would evaluate buyout offers, including one from Icahn.
Activist investor Starboard Value LP said four executives it planned to elect on to Newell Brands Inc’s (NWL.N) board had withdrawn their nominations.
Newell Brands Inc, in which activist investor Carl Icahn disclosed a 6.86 percent stake on Friday, said it would appoint Icahn’s four nominees to its board immediately.
Icahn said he would talk to Newell’s management about ways to boost shareholder value including asset sales and possible board representation.
Xerox’s plan to sell itself to Fujifilm Holdings has come under further pressure with Carl Icahn and Darwin Deason urging fellow shareholders to oppose the $6.1 bn deal.
Carl Icahn and Darwin Deason strongly criticized proposed deal with Fujifilm, saying the transaction “dramatically undervalues Xerox and disproportionately favors Fuji.”
Investor Carl Icahn, Darwin Deason, jointly plan to push the printer and photocopier maker to explore options, including a sale of the firm, Wall Street Journal reported
Hedge fund investor Carl Icahn has called for the termination or renegotiation of Xerox’s Fujifilm Holdings, reiterating demands for a change of leadership at Xerox.
Aditya Birla Group May Raise $1 Bn To Repay Regulatory Dues
AB Group To Sell Stake & Promoter Entities Of Co
In Talks With Large PE Funds
Deal Will Let AB Group Maintain Current Shareholding
PE Investors To Get Indirect Stake In Idea
Bags Orders For Rural-Urban Electrification Project
Project worth Rs 3577.93 Cr
Projects under Saubhagya Yojna
Projects to be completed within 15 months
Board Meeting On April 19 To Consider Various Bids Received
CKP Financial Open Offer To Acquire 1.39 Cr Shares Of Co
Offer Represents 25.02% Stake, With Price Of Rs 400/Sh
To make an investment of rs 500 cr in GIFT City
Will develop about 1,000 housing units in GIFT City
Residential footprint rises to 10 cities with investment