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Blackstone Withdraws from Dell Deal – Icahn Still in the Ring
Friday, April 19, 2013 - 10:41am | 603First, there were three. Now, there are two. Reuters reported Friday that The Blackstone Group L.P. (NYSE: BX) has withdrawn its offer to buy Dell (NASDAQ: DELL). This leaves founder Michael Dell and his private equity partner, Silver Lake Partners, in the driver’s seat. Activist investor Carl...
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Carl Icahn Cleans Up
Friday, July 15, 2011 - 11:44am | 833This morning, Carl Icahn announced that he was interested in acquiring Clorox (NYSE: CLX) for $76.50 per share. Obviously no one believes that Icahn will eventually own the household products company, but the move is being seen as agitating the board and potentially get a larger company to...
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Icahn Moves To Sell Biogen Idec (BIIB) After Adding another Director
Monday, March 22, 2010 - 6:03pm | 144Billionaire activist investor Carl Icahn announced that he will attempt to sell Biogen Idec Inc (Nasdaq: BIIB). Icahn Partners LP and its affiliates own 16.1 million shares, or 6% of outstanding shares, of Biogen Idec. Icahn has had a series of proxy battles with Biogen Idec and the company...