CVR Energy (CVI) Hires Jefferies for Sale Process
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CVR Energy, Inc. (NYSE: CVI) engaged Jefferies & Company, Inc. to conduct the previously disclosed sale process agreed to by the previous CVR Board of Directors and certain affiliates of Carl Icahn to solicit acquisition proposals from third parties to acquire CVR. The 60-day process will begin today and end on July 23, 2012.
80 percent owner Carl Icahn has agreed to support any bona fide offer made during the 60-day sale process that exceeds $35 per share although they might accept lower offers.
80 percent owner Carl Icahn has agreed to support any bona fide offer made during the 60-day sale process that exceeds $35 per share although they might accept lower offers.
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