Icahn Enterprises News
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Dell Inc.’s special committee asked billionaire Carl Icahn for more information about his proposed takeover of the personal-computer maker, made last week as a challenge to founder Michael Dell’s $24.4 billion buyout.
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Bill Ackman celebrated his birthday by giving a present.
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Dell Inc. said yesterday it received proposals from Blackstone Group LP and Carl Icahn that may be superior to Michael Dell’s $24.4 billion buyout plan, putting pressure on the founder to sweeten his terms or switch allegiances. The new bidders increase the number of lawyers who are working on the deal.
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Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
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Dynegy Inc. , the third-largest U.S. independent power producer, agreed to be acquired for $665 million by Icahn Enterprises LP after shareholders rejected a lower bid from Blackstone Group LP .
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Herbalife Ltd. Director Jeff Dunn said hedge fund manager Bill Ackman is wrong in his analysis that the company is a pyramid scheme and is just “throwing rocks” to support his short position in the shares.
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The 100 wealthiest people on the planet shed $21.3 billion from their collective net worth as the Standard & Poor’s 500 Index posted its first weekly decline so far this year.
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Dynegy Inc . said the Federal Energy Regulatory Commission, or FERC, has approved an application by Dynegy and an affiliate of Icahn Enterprises LP related to the proposed acquisition of Dynegy by IEP.
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Carl Icahn agreed to allocate as much as $3 billion to a management duo composed of his son Brett and David Schechter, expanding their role in running the 76- year-old’s investments.
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Billionaire investor Carl Icahn agreed to the $9.15 million settlement of a shareholder lawsuit challenging the sale of oil and natural gas explorer National Energy Group Inc.
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