Carl Icahn
Carl Icahn is a billionaire financier, ranking #18 on the 2007 Forbes 400 list with an estimated net worth of $14.5 billion.
Icahn built a name for himself in the 1980s as a corporate raider. After keeping quite for years, Icahn made a major comeback as a 'activist investor'. An activist investor agitates companies for changes, including buyouts, share buybacks, and dividend increases.
Icahn has successfully pushed for changes at Time Warner (NYSE: TWX) and Temple-Inland (NYSE: TIN), among others. Icahn won board seats at Motorola (NYSE: MOT) after first failing.
In 2007, Icahn's activism successfully pushed biotech company MedImmune into a sales agreement with AstraZeneca (NYSE: AZN). Icahn is also involved with biotech company Imclone Systems (Nasdaq: IMCL), where he is Chairman of the Board.
In early, 2008 Icahn activist target BEA Systems (Nasdaq: BEAS) was sold to Oracle (Nasdaq: ORCL). Icahn held a 13% stake in BEA.
Icahn is also involved with developments at Biogen Idec (Nasdaq: BIIB) and WCI Communities (NYSE: WCI), which both unsuccessfully explored sales. WCI rejected a $22 per share takeover offer from Icahn in early 2007, only to see its stock plummet on the housing slowdown.
In 2008, Icahn targeted Yahoo! (Nasdaq: YHOO) after the Internet company failed to work out an acceptable merger agreement with Microsoft (Nasdaq: MSFT) Microsoft walked away from its bid for Yahoo! after months of bickering.
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Herbalife (HLF) Hires New Auditor to Ackman's Chagrin
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Investors Brace for Epic Herbalife (HLF) Short Squeeze
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The Hispanic Community is Not Happy with Herbalife (HLF)
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Carl Icahn's Q1 13F Reveals Little New
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Third Point's Loeb Said to Joke About Ackman's Research on Herbalife (HLF)
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Herbalife (HLF) on Watch Ahead of Bill Ackman Ira Sohn Presentation
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Market Wrap: Einhorn Sees Green in Apple; Disney's Magical Quarter; JCPenney Sales Slip
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Carl Icahn Raises Stake in Herbalife (HLF) to 16.48%
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Form SC 13D/A HERBALIFE LTD. Filed by: ICAHN CARL C
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Form 4 HERBALIFE LTD. For: May 03 Filed by: ICAHN CARL C
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Two Icahn Nominees Quietly Added to Herbalife (HLF) Board; No New Auditor Named
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Herbalife Announces Results of 2013 Annual Meeting of Shareholders
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Herbalife's (HLF) Fate Continues to Be Dominated by Outside Forces
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Neither Bill Ackman or Carl Icahn Involved in Insider Trading on Herbalife (HLF)
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Herbalife (HLF) Auditor Resigns After Providing Insider Information
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Buy Herbalife! Ackman's Foresight Under Fire Following JCPenney (JCP) Shakeup
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Ackman Says Herbalife (HLF) Was First Case of 'Sniping' Among Fund Managers
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Herbalife (HLF) CEO Johnson Receives 'Max Compensation' in FY12
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Pershing Square Claws for 6% Gain in Q1
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Tough Pill to Swallow: Icahn Up Slightly on Herbalife (HLF) Amid $600M+ Bet
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Herbalife (HLF) Brushes Off Latest Ack-Attack as 'Nothing New'
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Market Wrap: New Pope Elected; Dow Streak Hits 9, S&P is Next; A BlackBerry Surprise!
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Short Seller Sues Banks, Icahn Over Support of Herbalife (HLF) (BAC) (JPM)
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Ackman Breathes Easier as Major Consumer Group Calls for FTC Investigation of Herbalife (HLF)
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Icahn Continues Loading Up on Shares of Herbalife (HLF)
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Top 10 News Items for 03/04 to 03/08: Dow Jones Reaches New Heights; Jobs, Jobs, Jobs; Icahn's Making Moves
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StreetInsider.com Pre-Open Movers 03/08: (P) (AMBA) (TPX) Higher; (SKUL) (MXWL) (MED) Lower (more...)
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Streetinsider.com After-Hours Movers 3/7: (P) (HRB) (C) Higher; (MED) (ZQK) (AVG) Lower (more...)
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Carl Icahn Raises Stake in Herbalife (HLF) to 15.55%
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It's a Carl Icahn Market
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Herbalife (HLF) Director Accuses Ackman of 'Throwing Rocks' to Support Short
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Netflix (NFLX) Under Heavy Pressure; Icahn Selling Rumors Resurface
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Icahn Receives Early HSR Termination from FTC on Herbalife (HLF) Deal
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Top 10 News Items for 02/25 - 03/01: Investors Love/Hate Groupon; Best Buy Not Bought; Icahn Becomes Vitamin Salesman
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Streetinsider.com's Hot Lunchtime Reads 03/01: (ISRG) (BBY) (AAPL) (HLF) (GRPN)
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Icahn Adds Up $230M to War Chest to Squeeze Ackman's Brains Out in Herbalife (HLF)
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Market Wrap: Icahn Moves on Herbalife; Groupon CEO Gets Discounted; Senate Votes on Sequester
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Icahn Files Support Agreement for Herbalife (HLF)
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Carl Icahn Discusses Herbalife (HLF) Director Deal and Bashes Ackman
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Icahn Wants to Buy More Herbalife (HLF), Doesn't Share Same Criticisms as Ackman
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Herbalife (HLF) to Nominate Two Icahn Reps to Board
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Pershing Square's Ackman Caught Between Rock and Hard Place (HLF) (JCP)
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Herbalife (NYSE: HLF) says it has nothing to report on Icahn
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Loeb Sells Portion of Herbalife (HLF) Position, But Still Maintains Stake
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Top 10 News Items for 02/11 - 02/15: Once-in-a-Millennium Papal Event; Buffett's Big Buy; Comcast Takes All of NBCU
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Carl Icahn Plans to Exercise Option Position in Herbalife (HLF)
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Icahn said didn't buy Herbalife (HLF) to 'get even' with Ackman
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Streetinsider.com's Hot Lunchtime Reads 02/15: (CHK) (HLF) (SPWR) (MWV)
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Icahn says the way to short stocks is to keep quiet
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Herbalife (HLF) Moves Off Highs with Icahn Interview Ongoing
