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Dan Loeb of Third Point is the latest hedge-fund manager to try his hand at forcing change at the struggling Internet giant. With a roughly 6% stake, he has launched a proxy fight to install himself and three other directors on Yahoo's board. Can he...
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Dan Loeb of Third Point Partners is the latest hedge-fund manager to try his hand at forcing change at the struggling Internet giant. With a roughly 6% stake, he has launched a proxy fight to install himself and three other directors on Yahoo's board. ...
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Clorox brand products line the shelf of a supermarket in the East Village neighborhood of New York, Friday, July 15, 2011. Activist investor Carl Icahn made an unusual offer to buy Clorox Co. , presenting himself almost as a disinterested bidder and... View Photo »
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We do not want any confusion or misinformation
– Carl Icahn SOURCE: Dallas Morning News -
The New York Times reports that a CVR Energy regulatory filing this week shows that Icahn, who reportedly owns a 14.5 percent stake in the company, said the company has three or four potential buyers. Therefore, Icahn believed that instead of paying...
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The stock is now 41% above its $8.60 price on Jan. 13, the day Lionsgate closed the $412.5 million Summit deal. It's nearly doubled in price from a year ago, when the issue was held down by Lionsgate's ongoing battle with investor Carl Icahn. "Mad...
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Let’s say yes. Anyway: The moves ring of activism, a strategy practiced by many a hedge fund manager, from the old school raider Carl C. Icahn to his figurative heir, William A. Ackman. But it is a new strategy for Mr. Paulson, who has largely stuck to...
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An advertising sign in the lobby of the corporate headquarters of Dish Network shows current packages in the Denver suburb of Englewood, Colorado April 6, 2011. Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million,... View Photo »
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The stock’s trading at a discount because it’s Carl Icahn ... We’ve been through the drill before and we’ve seen some successes and we’ve also seen some failures.
– Louis Meyer SOURCE: BusinessWeek -
About Carl Icahn
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Reuters Pictures
An advertising sign in the lobby of the corporate headquarters of Dish Network shows current packages in the Denver suburb of Englewood, Colorado April 6, 2011. Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, boosting the satellite TV provider's...
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Reuters Pictures
The sign in the lobby of the corporate headquarters of Dish Network is reflected on a desk in the Denver suburb of Englewood, Colorado April 6, 2011. Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, boosting the satellite TV provider's online...
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The Blockbuster movie rental store is open for business in the Denver suburb of Broomfield, Colorado April 6, 2011. Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, boosting the satellite TV provider's online features and marketing reach. Dish, the...
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AP Photo
Customers enter a closing Blockbuster store in Palo Alto, Calif. , Monday, April 4, 2011. Blockbuster Inc. mulled bids from Carl Icahn and others in an auction process that began Monday in New York that will decide the fate of the troubled video-rental chain. Potential bidders, lenders...
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Reuters Pictures
An advertising sign in the lobby of the corporate headquarters of Dish Network shows current packages in the Denver suburb of Englewood, Colorado April 6, 2011. Dish Network Corp won Blockbuster Inc in a bankruptcy auction for about $320 million, boosting the satellite TV provider's...
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