Icahn Enterprises Halves Dividend to Boost CVR Energy Stake
Billionaire activist investor Carl Icahn’s investment fund is cutting its dividend payout by half as it plans to boost its stake in CVR Energy Inc. Icahn Enterprises LP will distribute a dividend of $0.50 per depositary unit in the third quarter ...
Icahn Enterprises seeks to raise stake in refiner CVR Energy
Icahn Enterprises , headed by billionaire activist investor Carl Icahn, said on Friday it has submitted a proposal to boost its stake in refiner CVR Energy to 81.3%.
Icahn Enterprises to halve dividend to fund CVE Energy stake boost - WSJ
Billionaire Carl Icahn's Icahn Enterprises (NASDAQ:IEP) plans to cut its dividend in half in order to fund a boost of its stake in CVR Energy (NYSE:CVI). Icahn plans to boost his stake in CVR Energy (CVI) to more than 80% and will make a tender offer for 15 million shares at $17.
Icahn Enterprises Stocks Slides After Journal Reports Plan to Halve Dividend
Carl Icahn's investment firm wants to raise its stake in portfolio company CVR Energy, and plans to halve its own dividend to fund this, [The Wall Street Journal reported](
Icahn Enterprises Looks to Build Stake in CVR Energy, Cuts Dividend in Half
Icahn Enterprises said it wants to acquire additional shares of CVR Energy's stock and will cut its dividend in half, confirming an earlier report by The Wall Street Journal. The company founded by activist investor Carl Icahn on Friday said it delivered a proposal to CVR's board to acquire more shares through a tender offer.
Levi Strauss Heir Daniel Lurie Set to Win San Francisco Mayor’s Race
Daniel Lurie, an heir to the Levi Strauss & Co. fortune, is set to become mayor of San Francisco after spending more than $8 ...
Massachusetts Voters Back Push to Overturn High School Exit Exam
Massachusetts voters backed the elimination of the state’s standardized test as a high school graduation requirement, despite ...
Zuora Sidesteps Bylaw Litigation That Targeted $1.7 Billion Deal
A Zuora Inc. investor dropped his court challenge to an anti-activist bylaw after unsuccessfully pivoting to target the software company’s $1.7 billion sale to Silver Lake, according to a court filing ...
Star Manager’s Exit Costs Fiera Another $4 Billion
Canadian asset manager Fiera Capital Corp. is losing a C$5.5 billion ($4 billion) mandate as another fund manager ends an ...
Energy Transfer Boss Hails Trump Win as ‘Breath of Fresh Air’ for Oil and Gas Industry
The co-chief executive officer of pipeline company Energy Transfer LP welcomed the election of Donald Trump as US president, ...
Star Manager’s Departure Costs Fiera Another $4 Billion
Canadian asset manager Fiera Capital Corp. is losing a C$5.5 billion ($4 billion) mandate as another fund manager ends an ...
Opinion
Why I’m Voting for Kamala Harris
On public health, Harris respects science and medicine, including lifesaving vaccines. Trump has promised to turn over America’s health system to anti-vaxxer Robert Kennedy Jr., which could have ...