Carl Icahn
Birthday : 02/16/1936 Place of birth : New York (New York) - USA Country of residence : USA Linked companies : Icahn Enterprises LP
Biography
In the U.S., he is called “the raider” but Carl Icahn prefers to be called "activist shareholder" , the same nickname than Edward Lampert, Eric Knight or Guy Wyser-Pratte. Across the Atlantic, he is very popular among small shareholders. In early 2007, Fortune magazine was not afraid of telling about him that if "the shareholders love him, business leaders hate him." According to estimates made by Fortune, the other shareholders of firms where Carl Icahn took in the past a part of the capital would have won, thanks to him, $ 50 billion.
Following an extensive study of the company - no matter the line of businesses- and the evolution of its share price, he takes a minority stake. Afterwards, he contacts the CEO of the company: Carl Icahn is hard-nosed, when he has an idea in mind, he never gives up.
In 2007, he propelled his British rival AstraZeneca to buy the pharmaceutical group US Medimmune. He won an important bonus.
Currently, his portfolio companies are active in the capital of two dozen of U.S companies. Via the Swedish activist fund Cevian, whose he is shareholder, Carl Icahn made his first steps in Europe, for example in the capital of the German Munich Re.
Carl Icahn had, according to Forbes in 2011, a fortune estimated at more than $ 12.5 billion. A success whose he is the only one responsible: coming from a modest family, he studied psychology, then medicine, but it is as broker that he began his career in the sixties. At that time, he had to borrow to start working on the New York Stock Exchange. No doubt he has paid all his bills without late.
At 72 years old, he doesn’t seem determined to retire. He just has launched a new blog : Icahnreport.com.
Citations "You learn in this business: It you want a friend, get a dog." Copyright © 4-traders.com / Photo © Maxppp
| Latest news about Carl Icahn | |
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| Carl Icahn takes 9.27 percent passive stake in Nuance |
| 04/01 - NEW YORK (Reuters) - Billionaire investor Carl Icahn has taken a 9.27 percent stake in speech recognition and digital imaging software maker Nuance Communications Inc, according to a regulatory filing on Monday. |
| Dell Agrees to Pay Blackstone Due Diligence Costs -Fortune |
| 03/28 -
Dell Inc.'s special committee overseeing offers to take the company private has agreed to reimburse the due diligence costs of bidder Blackstone Group LP , but not those of competing bidder Carl Icahn, Fortune magazine reported Wedn |
| Icahn opens door to Blackstone tie-up on Dell bid |
| 03/25 - (Reuters) - Two of the most prominent U.S. investors could upset Michael Dell's $24.4 billion buyout bid for Dell Inc, after billionaire Carl Icahn opened the door to an alliance with Blackstone Group LP to wrest control of the computer maker from its founder. |
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