Carl Icahn’s investment arm’s stock slides after company again halves dividend
Icahn Enterprises LP’s stock tumbled 7% early Friday, after Carl Icahn’s investing arm again halved its dividend, this time to help raise the funds to expand his stake in portfolio company CVR Energy.
Icahn Enterprises Halves Dividend to Boost CVR Energy Stake
Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its stake in CVR Energy Inc. Icahn Enterprises LP will distribute a dividend of $0.50 per depositary unit in the third quarter ...
Icahn Enterprises halves quarterly dividend to 50c from $1.00
Carl Icahn of Icahn Enterprises (IEP) said in the company’s earnings release, “As of October 31, we had approximately $2.3 billion
Icahn Enterprises Stocks Slides After Journal Reports Plan to Halve Dividend
Carl Icahn's investment firm wants to raise its stake in portfolio company CVR Energy, and plans to halve its own dividend to fund this, [The Wall Street Journal reported](
Icahn Enterprises to halve dividend to fund CVE Energy stake boost - WSJ
Billionaire Carl Icahn's Icahn Enterprises (NASDAQ:IEP) plans to cut its dividend in half in order to fund a boost of its stake in CVR Energy (NYSE:CVI). Icahn plans to boost his stake in CVR Energy (CVI) to more than 80% and will make a tender offer for 15 million shares at $17.
Icahn’s Firm Seeks Bigger Stake in Top Holding While Slashing Its Own Dividend
Carl Icahn says he is sensing opportunity in the stock market and wants to increase his stake in a top portfolio company. But ...
Icahn Plans Raising Stake in Oil Refiner CVR, WSJ Reports
The company, a controlling shareholder of the oil refiner, plans to raise its stake in CVR to more than 81% by buying an ...
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Billionaire Carl Icahn’s firm to increase stake in energy company
Icahn Enterprises plans to buy 15 million CVR shares. The offer is 6% above CVR's current market price. IEP's stake would ...
Icahn confirms plan to raise stake in oil refiner CVR, cuts distribution in half
Icahn ( IEP) said it will launch a tender offer to acquire 15M additional common shares of CVR Energy (NYSE: CVI) for ...
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7 Carl Icahn Quotes Every 30-Year-Old Needs to Hear
Wall St. Insights Carl Icahn, founder and controlling shareholder of Icahn Enterprises, uses his experience as a businessman ...
Carl Icahn Bets Big On CVR While Slashing IEP Dividend In Half
Carl Icahn, the renowned billionaire investor, is planning to increase his firm’s stake in CVR Energy, Inc. (NYSE:CVI) while significantly reducing its dividend payout. What Happened: Icahn ...
Carl Icahn sends prime development site to auction with big risks
The 45-acre site could hardly be better located, amid the burgeoning East River District, but there are some big risks.
Icahn Enterprises seeks to boost stake in refiner CVR Energy
Icahn Enterprises , headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in Texas-based refiner CVR Energy to 81.3%.
Carl Icahn: Trump Win Could Boost Proposed Mergers
Activist investor Carl Icahn predicted mergers and acquisitions will skyrocket if Donald Trump were to become president again. "A lot of these mergers have been thwarted by the current administration.