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Icahn Enterprises LP (IEP.OQ)

IEP.OQ on NASDAQ Stock Exchange Global Select Market

70.61USD
19 Feb 2019
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Latest Key Developments (Source: Significant Developments)

Icahn Enterprises LP - Q3 2018 Revenues Of $2.7 Bln Versus $3.5 Bln
Thursday, 8 Nov 2018 

Nov 8 (Reuters) - Icahn Enterprises LP ::ICAHN ENTERPRISES L.P. REPORTS THIRD QUARTER 2018 FINANCIAL RESULTS.ICAHN ENTERPRISES LP - QTRLY NET INCOME ATTRIBUTABLE TO ICAHN ENTERPRISES $0.68 PER DEPOSITARY UNIT.ICAHN ENTERPRISES LP - Q3 2018 REVENUES OF $2.7 BILLION VERSUS $3.5 BILLION.  Full Article

American Railcar Industries Announces $1.75 Billion Definitive Merger Agreement
Monday, 22 Oct 2018 

Oct 22 (Reuters) - American Railcar Industries Inc ::AMERICAN RAILCAR INDUSTRIES, INC. ANNOUNCES DEFINITIVE MERGER AGREEMENT.AMERICAN RAILCAR INDUSTRIES INC - TRANSACTION IS VALUED AT APPROXIMATELY $1.75 BILLION.AMERICAN RAILCAR INDUSTRIES INC - DEAL FOR $70.00 PER SHARE.AMERICAN RAILCAR INDUSTRIES INC - TRANSACTION IS NOT SUBJECT TO ANY FURTHER DUE DILIGENCE OR ANY FINANCING CONDITIONS..AMERICAN RAILCAR INDUSTRIES INC - ENTERED INTO A DEFINITIVE AGREEMENT TO MERGE WITH A WHOLLY-OWNED SUBSIDIARY OF ITE RAIL FUND L.P..AMERICAN RAILCAR INDUSTRIES INC - TRANSACTION IS EXPECTED TO CLOSE IN Q4 OF 2018.  Full Article

DG For Competition Of European Commission Issued Clearance Of Tenneco's Transaction To Acquire Federal-Mogul
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Icahn Enterprises LP ::TENNECO SAYS ON AUG. 6, THE DG FOR COMPETITION OF THE EUROPEAN COMMISSION ISSUED CLEARANCE OF CO'S TRANSACTION TO ACQUIRE FEDERAL-MOGUL - SEC FILING.  Full Article

Icahn Enterprises Qtrly Net Income Attributable To Icahn Enterprises $1.70 Per Depositary Unit
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Icahn Enterprises LP ::ICAHN ENTERPRISES L.P. REPORTS SECOND QUARTER 2018 FINANCIAL RESULTS.ICAHN ENTERPRISES LP QTRLY NET SALES $2,919 MILLION VERSUS $2,332 MILLION.ICAHN ENTERPRISES LP - QTRLY NET INCOME ATTRIBUTABLE TO ICAHN ENTERPRISES $1.70 PER DEPOSITARY UNIT.ICAHN ENTERPRISES LP QTRLY REVENUE $3,578 MILLION VERSUS $4,465 MILLION.ICAHN ENTERPRISES LP - QTRLY NET INCOME ATTRIBUTABLE TO CO INCLUDED $164 MILLION FROM CONTINUING OPERATIONS, OR $0.90 PER DEPOSITARY UNIT.  Full Article

Activist Investor Carl Icahn Says Energen Is Very Undervalued - CNBC
Monday, 21 May 2018 

May 21 (Reuters) - :ACTIVIST INVESTOR CARL ICAHN SAYS ENERGEN IS VERY UNDERVALUED - CNBC.CARL ICAHN SAYS ENERGEN IS WORTH OVER $100 PER SHARE - CNBC.ICAHN SAYS IN RESPONSE TO WHETHER XEROX SHOULD BE SOLD THAT THE COMPANY COULD DEFINITELY BE SOLD, IT HAS MANY GOOD ASSETS - CNBC.ICAHN SAYS AMTRUST IS VERY UNDERVALUED - CNBC.ICAHN SAYS HAS NOT SPOKEN TO ELLIOTT MANAGEMENT'S PAUL SINGER ABOUT ENERGEN - CNBC.ICAHN ON VMWARE SAYS 'I WISH I HAD A BIGGER POSITION IN THE COMPANY' - CNBC.  Full Article

Newell Brands Announces Agreement With Starboard To End Proxy Contest
Monday, 23 Apr 2018 

April 23 (Reuters) - Newell Brands Inc ::NEWELL BRANDS ANNOUNCES AGREEMENT WITH STARBOARD TO END PROXY CONTEST.NEWELL BRANDS INC - BOARD APPOINTED TWO NEW INDEPENDENT DIRECTORS, GERARDO I. LOPEZ AND ROBERT A. STEELE, EFFECTIVE IMMEDIATELY.NEWELL BRANDS - INTENDS TO NOMINATE BRIDGET RYAN BERMAN FROM STARBOARD'S SLATE, WHO HAS BEEN MUTUALLY-AGREED UPON BY STARBOARD AND CARL C. ICAHN.NEWELL BRANDS INC - ANDREW LANGHAM HAS AGREED TO STEP DOWN FROM BOARD, EFFECTIVE IMMEDIATELY AND DAVID ATCHISON WILL NOT STAND FOR ELECTION.NEWELL BRANDS - AT 2018 ANNUAL MEETING, BOARD WILL BE EXPANDED TO COMPRISE 12 DIRECTORS.  Full Article

Icahn & Deason Provide Four-Part Plan To Increase Xerox Shareholder Value
Wednesday, 18 Apr 2018 

April 17 (Reuters) - Carl Icahn And Darwin Deason::CARL ICAHN AND DARWIN DEASON RELEASE OPEN LETTER AND PRESENTATION TO XEROX SHAREHOLDERS.ICAHN & DEASON - PROVIDE FOUR-PART PLAN TO INCREASE XEROX SHAREHOLDER VALUE.CARL ICAHN & DARWIN DEASON SAY FOUR-PART PLAN FOR XEROX INCLUDES PROPOSAL TO RE-EVALUATE ASIA-PACIFIC MARKET WITH A "STRONGER MANAGEMENT TEAM".ICAHN & DEASON - FOUR-PART PLAN FOR XEROX INCLUDES PROPOSAL TO DRIVE BOTTOM-LINE COST SAVINGS THROUGH NETWORK CONSOLIDATION AND CHANNEL OPTIMIZATION.CARL ICAHN & DARWIN DEASON SAY FOUR-PART PLAN FOR XEROX INCLUDES PROPOSAL TO MONETIZE "UNTAPPED INTELLECTUAL PROPERTY".ICAHN AND DEASON SAYS FOUR-PART PLAN FOR XEROX INCLUDES PROPOSAL TO "UNLOCK GROWTH THROUGH NEW ADJACENT SERVICES AND PARTNERSHIPS".ICAHN & DEASON - "BELIEVE OUR PLAN COULD CREATE TOTAL VALUE OF $54 TO $64 PER SHARE" COMPARED TO ABOUT $28 PER SHARE IN THE PROPOSED FUJI TRANSACTION.CARL ICAHN & DARWIN DEASON SAY XEROX CAN DRIVE COST SAVINGS BY OPTIMIZING ITS WHOLLY-OWNED SUBSIDIARY, GLOBAL IMAGING SYSTEMS.CARL ICAHN & DARWIN DEASON SAY XEROX CAN ADD ANOTHER "POTENTIALLY SIGNIFICANT" REVENUE STREAM BY MONETIZING ITS PALO ALTO RESEARCH CENTER.  Full Article

Tenneco To Buy Federal-Mogul For $5.4 Bln
Tuesday, 10 Apr 2018 

April 10 (Reuters) - Tenneco Inc::TENNECO TO CREATE TWO INDEPENDENT, PUBLIC COMPANIES WITH ACQUISITION OF FEDERAL-MOGUL.DEAL FOR A TOTAL CONSIDERATION OF $5.4 BLN.INTENTION TO SEPARATE COMBINED BUSINESSES INTO 2 INDEPENDENT, PUBLICLY TRADED COMPANIES.FEDERAL-MOGUL IS BEING ACQUIRED FROM ICAHN ENTERPRISES L.P..DEAL TO BE FUNDED THROUGH CASH, TENNECO EQUITY AND ASSUMPTION OF DEBT.INTENTION TO SEPARATE COMBINED BUSINESSES THROUGH A TAX-FREE SPIN-OFF TO SHAREHOLDERS.ACQUISITION EXPECTED TO BE VALUE ACCRETIVE AND GENERATE SYNERGY OPPORTUNITIES OF AT LEAST $200 MLN IN ANNUAL EARNINGS.TO BUY FEDERAL-MOGUL THROUGH $800 MLN IN CASH, 5.7 MLN SHARES OF TENNECO CLASS A COMMON STOCK, AMONG OTHERS.PUT IN PLACE COMMITTED DEBT FINANCING TO FUND DEAL THAT WILL REPLACE EXISTING SENIOR CREDIT FACILITIES,SOME SENIOR FACILITIES AT FEDERAL-MOGUL.TO BUY FEDERAL-MOGUL ALSO THROUGH 23.8 MLN SHARES OF NON-VOTING TENNECO CLASS B COMMON STOCK AND ASSUMPTION OF DEBT.CAN REDUCE NUMBER OF SHARES OF CLASS B NON-VOTING STOCK BY UP TO 7.3 MLN SHARES, INCREASE CASH CONSIDERATION PROPORTIONATELY AT DEAL CLOSING.DEAL INCLUDES SEPARATION OF AFTERMARKET & RIDE PERFORMANCE AND POWERTRAIN TECHNOLOGY COMPANIES.WITH DEAL, AFTERMARKET AND RIDE PERFORMANCE COMPANY WILL INCLUDE TENNECO RIDE PERFORMANCE AND FEDERAL-MOGUL MOTORPARTS.WITH DEAL, POWERTRAIN TECHNOLOGY COMPANY WILL INCLUDE TENNECO CLEAN AIR AND FEDERAL-MOGUL POWERTRAIN.  Full Article

Deason, Icahn Together Own 15.2 Pct Stake In Xerox Corp As Of Feb 12​
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - :DARWIN DEASON AND CARL ICAHN TOGETHER OWN 15.2 PERCENT STAKE (NOT 6 PERCENT) IN XEROX CORP, AS OF FEB 12, 2018 - SEC FILING‍​.DARWIN DEASON REPORTED 6 PERCENT STAKE IN XEROX CORP AS OF JAN 22 - SEC FILING‍​.  Full Article

Cadus Corp Enters Into Definitive Merger Agreement With Affiliate Of Carl C. Icahn
Monday, 22 Jan 2018 

Jan 22 (Reuters) - Cadus Corp ::CADUS CORPORATION ENTERS INTO DEFINITIVE MERGER AGREEMENT TO BE ACQUIRED BY AFFILIATE OF CARL C. ICAHN FOR $1.61 PER SHARE IN CASH.CADUS CORP - ‍ CO'S BOARD, ACTING ON UNANIMOUS RECOMMENDATION OF SPECIAL COMMITTEE, APPROVED MERGER AGREEMENT​.CADUS CORP - ‍MERGER IS NOT SUBJECT TO A FINANCING CONDITION​.CADUS - ENTERED DEAL WITH STARFIRE HOLDING, AFFILIATE OF CARL ICAHN & OF CO'S CONTROLLING STOCKHOLDERS, BARBERRY CORP, HIGH RIVER LIMITED PARTNERSHIP.  Full Article

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Icahn to lobby Caesars Entertainment management for sale: WSJ

Activist investor Carl Icahn plans to push management of casino operator Caesars Entertainment Corp to sell the company after it received at least two offers, the Wall Street Journal reported on Thursday, citing people it said were familiar with the matter.