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 boost 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 Texas-based 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.
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