The 88-year-old activist investor’s stake in his own company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.”
Category: Icahn, Carl C
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Carl Icahn to Pay $2 Million to Settle S.E.C. Charges
The Securities and Exchange Commission had accused the billionaire investor of not disclosing that he had pledged personal stock holdings as collateral for billions of dollars in loans.
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Xerox to Cut 15% of Its Work Force in the First Quarter of 2024
The move is the printer maker’s latest as it tries to shift more toward its business services offerings.
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Lina Khan’s F.T.C. Secures a Big Win
An appeals court ruling that validated its fight against a deal by the gene-sequencing giant Illumina is a boost for the agency’s expansive antitrust strategy.
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How Short Seller Nathan Anderson Beat Carl Icahn “at His Own Game”
After a short seller targeted Icahn Enterprises, the activist investor made changes. At 87, he insists he’s not going anywhere and will refocus on rattling company cages.
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Randall Stephenson’s Exit From PGA Tour Casts Pall on Saudi Deal
In resigning from the body’s board, Randall Stephenson said he could not support the group’s potential tie-up with its Saudi-backed rival.
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JPMorgan Seeks to Settle Lawsuit by Jeffrey Epstein Victims
After weeks of embarrassing disclosures, the Wall Street giant reached a tentative settlement with the convicted sex offender’s victims.
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Calls to Investigate Short Sellers Intensify as Bank Crisis Deepens
Jamie Dimon is the latest to urge action against the traders who have targeted the regional lenders and made huge profits.
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How FTX Missed a Potentially Lucrative Opportunity
A decision to offload warrants to buy an obscure cryptocurrency token as part of the exchange’s bankruptcy proceedings may have been costly.
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Carl Icahn’s Firm Faces Federal Inquiry
The billionaire activist investor’s company said that U.S. prosecutors had asked for information about its operations after a short seller’s report took aim at the way the firm is run.
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Carl Icahn, Activist Investor, Becomes Target of Short Seller
Hindenburg Research, which made its name by taking on Gautam Adani and the Twitter co-founder Jack Dorsey, likened Icahn Enterprises to “Ponzi-like economic structures.”