NEW YORK/TOKYO (Reuters) – Xerox Corp said its CEO and most of its board will step down to settle a suit by activist shareholders Carl Icahn and Darwin Deason, handing over to new management which will reconsider a contentious deal with Fujifilm Holdings . The move is a triumph for Icahn and Deason, who together […]
Billionaire investor Carl Icahn announced on Friday he would no longer be serving in his informal role as special advisor to the president on issues relating to regulatory reform.
Hours after billionaire investor Carl Icahn said he would no longer be advising President Trump…
ATLANTIC CITY, N.J. (AP) — Billionaire investor Carl Icahn reached a deal Wednesday to sell the shuttered Trump Taj Mahal casino in Atlantic City to Hard Rock International and two New Jersey investors.
It’s Carl Icahn’s 80th birthday. He’s made an average of $581,793 each day he’s been alive.
Activist investor Carl Icahn, who first revealed a stake in Xerox in November, will get three board seats on the outsourcing company. Xerox shares rose nearly 6 percent to $9.78. Xerox Chief Executive Officer Ursula Burns said in an interview on Friday that the strategic review had been underway before Icahn publicly revealed he had […]
Icahn’s intentions when it comes to Time Warner are not yet known, the people said, asking not to be named because the matter was private. Icahn did not respond to a request for comment, but CNBC quoted him as saying that he does not own one share of Time Warner. Time Warner declined to comment.
Pep Boys will be acquired by Carl Icahn for $1 billion, ending a weeks-long bidding war with the Japanese tire company Bridgestone. The deal is expected to close in the first quarter of next year. Icahn …
Shares of Pep Boys are heading for their highest point in eight years after the company received yet another offer from activist investor Carl Icahn, putting the deal in the neighborhood of $1 billion. …
Icahn’s latest bid of $18.50 per share on Monday values Pep Boys at about $1 billion, while Bridgestone’s previous offer of $17 per share valued the company at about $947 million. Pep Boys said that its board has delivered a notice to Bridgestone to terminate their previous agreement. Icahn Enterprises said it would be willing […]
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