Carl Icahn Confirms 8.5% Stake in Crown Holdings (CCK)

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Crown Holdings (CCK) Adopts Limited Duration Shareholder Rights Plan

November 7, 2022 9:21 AM EST

Crown Holdings, Inc. (NYSE: CCK) ("Crown" or the "Company") today announced that its Board of Directors has unanimously adopted a limited duration shareholder rights plan (the "Rights Plan") following the Board's evaluation and consultation with the Company's advisors.

Crown remains committed to engaging in constructive dialogue with its shareholders. The Rights Plan is similar to plans adopted by other publicly traded companies and is intended to protect the long-term interests of Crown shareholders and to enable them to realize the full potential value of their... More

Billionaire Investor Carl Icahn Has Over 8% Stake in Crown Holdings (CCK) - WSJ

November 3, 2022 6:19 AM EDT

Carl Icahn, the founder and controlling shareholder of Icahn Enterprises, has built more than an 8% stake in Crown Holdings (NYSE: CCK), the Wall Street Journal reports. This makes Icahn Crowns second-largest shareholder with a stake worth over $700 million.

The activist investor, who... More