Comment on Icahn Nears First 2012 Win With CVR Energy Bid

Icahn Nears First 2012 Win With CVR Energy Bid

is moving closer to winning a $30 a share bid for refiner CVR (CVI) after he announced that 55% of outstanding shareholders have tendered their shares to his hostile campaign. For Icahn, a successful bid for CVR ? worth roughly $2.26 billion ? would be his first successful activist campaign in some time.

 

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