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Latest Carl Icahn Stories

2014-09-16 08:21:26

NAPLES, Fla., Sept. 16, 2014 /PRNewswire/ -- Hertz Global Holdings Inc. (NYSE: HTZ) ("Hertz" or "the Company") today announced that it has entered into a definitive agreement with Carl C. Icahn and affiliated entities under which Vincent J. Intrieri, Samuel Merksamer and Daniel A. Ninivaggi have been appointed to the Hertz Board of Directors as Class II, Class I and Class I directors, respectively. Messrs. Intrieri, Merksamer and Ninivaggi have also been appointed as directors to The...

2014-09-11 16:21:11

Company to Add Vincent J. Intrieri, Samuel Merksamer and Daniel A. Ninivaggi to Hertz Board of Directors NAPLES, Fla., Sept. 11, 2014 /PRNewswire/ -- Hertz Global Holdings, Inc. (NYSE: HTZ) ("Hertz" or "the Company") today announced that it has reached an agreement-in-principle with Carl C. Icahn and affiliated entities (collectively, "Icahn") to appoint Vincent J. Intrieri, Samuel Merksamer and Daniel A. Ninivaggi to the Company's Board of Directors as new independent directors....

2014-08-22 16:21:59

NEW YORK, Aug. 22, 2014 /PRNewswire/ -- Pomerantz LLP has filed a class action lawsuit against Lions Gate Entertainment Corp. ("Lions Gate" or the "Company")(NYSE: LGF) and certain of its officers. The class action, filed in United States District Court, Southern District of New York, and docketed under 14-cv-5477, is on behalf of a class consisting of all persons or entities who purchased Lions Gate securities between February 11, 2013 and March 13, 2014, inclusive (the "Class...

2014-07-28 16:23:30

NEW YORK, July 28, 2014 /PRNewswire/ -- Carl Icahn today released the following statement regarding Family Dollar Stores, Inc. (NYSE: FDO): While we continue to believe there are a handful of potential buyers who could realize greater synergies through a combination with Family Dollar and are hopeful that one or more of them will surface as a result of today's announcement, we are extremely pleased with Dollar Tree's intention to acquire Family Dollar in a transaction that values the...

2014-07-22 16:22:13

Billionaire Icahn Still Prefers Fines to Medical Coverage for Locked-Out Steelworkers CANTON, Ohio, July 22, 2014 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today said that despite recent management changes at PSC Metals, a subsidiary of billionaire investor Carl Icahn's Icahn Enterprises (NASDAQ: IEP), the company still refuses to negotiate in good faith with the union or comply with the employer mandate provision of the Affordable Care Act (ACA)....

2014-06-24 16:21:59

CANTON, Ohio, June 24, 2014 /PRNewswire-USNewswire/ -- The United Steelworkers (USW) today criticized the management of PSC Metals, a subsidiary of Icahn Enterprises (NASDAQ: IEP), for multi-billionaire owner Carl Icahn's refusal to negotiate a fair contract with the union or comply with the employer mandate provision of the Affordable Care Act (ACA). http://photos.prnewswire.com/prnvar/20080131/DC12982LOGO PSC Metals locked out more than 60 members of USW Local 3610-02 on Feb. 1,...

2014-03-12 12:34:19

NEW YORK, March 12, 2014 /PRNewswire/ -- Today Carl C. Icahn released the following open letter to stockholders of eBay Inc.: I believe that the Skype affair, only some of the sordid details of which we recently exposed, represents a complete and utter breakdown in the system of checks and balances that a properly functioning board should provide. Without a strong and independent board that rejects cronyism and is willing to hold management accountable, I believe that eBay...

2014-03-11 16:21:17

LISLE, Ill., March 11, 2014 /PRNewswire/ -- Navistar International Corporation (NYSE: NAV) announced today that Michael Sirignano, Principal at MHR Fund Management LLC, has been elected to its board of directors at the company's annual shareholder's meeting on March 10. The election of Sirignano increases the number of Navistar board members to 10. http://photos.prnewswire.com/prnvar/20120127/MM32830LOGO-a "We are very pleased to welcome Michael Sirignano to the Navistar board of directors,"...

2014-03-06 08:36:47

NEW YORK, March 6, 2014 /PRNewswire/ -- Today Carl C. Icahn released the following open letter to stockholders of eBay Inc.: We are strongly encouraged by the results published yesterday of an investor survey conducted by Bernstein Research regarding our campaign to prove to eBay's board of directors that stockholders are in favor of separating PayPal from the company.(1) A majority of eBay owners responding to the survey said they believe that the composition of the board should change. 55%...

2014-03-03 12:28:04

NEW YORK, March 3, 2014 /PRNewswire/ -- Today Carl C. Icahn released the following open letter to stockholders of eBay Inc. Despite having just days ago professed a desire for "honest, accurate debate" on the issues, eBay declined CNBC's offer to participate in a televised discussion with me. Then last Thursday eBay director Marc Andreessen attempted to defend his business practices to the Wall Street Journal but refused to directly address our assertions regarding his conflicts of interest....


Word of the Day
malpais
  • The ragged surface of a lava-flow.
'Malpais' translates from Spanish as 'bad land.'