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Commercial lender CIT Group Inc. said Friday that billionaire investor and bondholder Carl Icahn agreed to support the company's restructuring plan amid reports CIT may soon file for bankruptcy protection.
Activist investor Carl Icahn has decided his work is done at Yahoo Inc. after muscling his way on to the slumping Internet company's board nearly 15 months ago.
Financier Carl Icahn, one of Yahoo Inc.'s largest stockholders, has sold 12.7 million shares to whittle his holdings in the slumping Internet company down a percentage point to a 4.5 percent stake.
Activist investor Carl Icahn claimed two victories in his fight to place dissident shareholders on Biogen Idec Inc.'s board Wednesday, but the biotechnology company has not yet finished tallying votes.
Amylin Pharmaceuticals Inc. said Monday activist investor Carl Icahn plans to push for a sale of the company to drugmaker Eli Lilly if he can take control of Amylin's board of directors, but Icahn disputed that contention.
Billionaire investor Carl Icahn said his offer to buy up $325 million in debt issued by Lions Gate Entertainment Corp. will open Friday.
Billionaire investor Carl Icahn on Tuesday has priced his offer to buy up to $325 million in debt owed by Lions Gate Entertainment Corp., a move that could increase his influence over the boutique movie studio.
Billionaire Carl Icahn says he has cut off talks with Lions Gate Entertainment Corp. about installing some directors of his choosing on the boutique movie studio's board.
Billionaire activist investor Carl Icahn bought up another 200,000 shares in boutique movie studio Lions Gate Entertainment Corp. on Wednesday, boosting his stake to 14.5 percent, a filing showed.
If activist investor Carl Icahn is going to profit from his $1.8 billion bet on Yahoo Inc., the billionaire needs the struggling Internet company's stock to more than double in value.
In a move likely to fuel speculation over Yahoo Inc.'s search for a new chief executive, activist investor Carl Icahn has bought up close to 7 million additional shares of the Internet company, according to regulatory filings.
An influential shareholder advisory firm endorsed the re-election of Yahoo Inc.'s entire board Thursday, reducing the chances that the Internet company's directors will be ousted for spurning Microsoft Corp.'s $47.5 billion takeover bid during the spring.
Carl Icahn lost his campaign to elect a slate of dissident nominees to Biogen Idec Inc.'s board on Thursday, an effort the activist investor hoped would eventually trigger a sale of the 30-year biotechnology firm to a major pharmaceutical company.
Billionaire financier Carl Icahn said he no longer has to watch "Saturday Night Live" if he wants a good laugh — he just has to go to a company board meeting.
Antagonistic investor Carl Icahn became a billionaire by bullying already distressed companies, but his harassment of Yahoo Inc. could leave him with a black eye — and a hole in his wallet — if he's wrong about Microsoft Corp.'s desire to buy the Internet pioneer.
Yahoo Inc. and activist investor Carl Icahn delivered another dose of derision Monday in their battle for control of the Internet pioneer's board.
Federal antitrust regulators have cleared activist billionaire investor Carl Icahn's purchase of another $1.5 billion of shares of Internet company Yahoo Inc.
A look at Yahoo Inc.'s current board of directors and the opposing slate of candidates nominated by investor Carl Icahn in hopes of forcing Yahoo to renew sales negotiations with Microsoft Corp.:
Yahoo Inc. Chief Executive Jerry Yang spent months fending off Microsoft Corp.'s unsolicited takeover bid. Now he may only have a few weeks to persuade the software maker to revive its last offer of $47.5 billion, or risk being fired in a shareholder mutiny led by activist investor Carl Icahn.
Consumer electronics retailer Circuit City Stores said Friday that it will allow Blockbuster to review its books in connection with the video-rental chain's bid to buy the company.
Now that Microsoft has walked away from its $47.5 billion offer for Yahoo, could the software giant come back later and still snap up its Internet rival?
Motorola Inc. made peace with Carl Icahn on Monday, heading off a proxy battle with the billionaire investor by agreeing to seat four of his nominees on its board of directors.
Motorola Inc. announced plans to separate its struggling handset business from other operations Wednesday, forming two separate, publicly traded companies after months of agitation from frustrated investors.
Motorola Inc. on Monday dismissed as an "unnecessary distraction" billionaire investor Carl Icahn's legal efforts to force it to turn over documents about its executives and its cell phone business.
BEA Systems Inc. is sharing confidential information with billionaire investor Carl Icahn in hopes of persuading its largest stockholder that the business software maker is worth the $8.2 billion sales price sought by its board of directors.
Yahoo and Microsoft step up Time Warner AOL discussionsAs noted in the Silicon Alley Insider last month, a Microsoft buyout of AOL could come sooner than later. A report in Reuters Tuesday was the first to note talks had "heated up" among the three parties. More Articles and Seeds From blinkin
In the world of hostile takeovers there are a few true icons, however Carl Icahn is one of them. His experience taking over companies and extracting the maximum value from their assets is legendary. The latest focus of his attention is the media giant Time Warner.
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