Icahn Gets FTC Okay To Boost CSX Stake
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According to a posting a ftc.gov, Carl Icahn and related funds was granted early termination notice from the FTC, required under the Hart-Scott-Rodino antitrust law, on CSX Corp. (NYSE: CSX).
The FTC did not disclose the nature of the transaction, but approvals are given on acquisition of stocks or assets greater than $50 million.
At 12/31, Icahn Capital held 2.9 million shares of CSX of 0.69%.
The FTC did not disclose the nature of the transaction, but approvals are given on acquisition of stocks or assets greater than $50 million.
At 12/31, Icahn Capital held 2.9 million shares of CSX of 0.69%.
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