Results tagged “Carl Icahn” from Dealbreaker

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CIT Bankruptcy Shows Who's Boss

Score this one as a loss for the TARP Program: CIT Group, the ancient commercial lender bailed out late last year by the federal government and earlier this year by a group of hedge funds, has gone into bankruptcy protection....

It's A Dog Eat Dog World Out There

It's not news that Carl Icahn loves a good fight. But watching hedgie v. hedgie in a grudge match just seems dull. Who does one root for? Activist investor Carl Icahn is under fire from a hedge fund that accuses...

Ackman: I Am Not GekkoIcahn

We aren't totally sure that "soft sell" is how we would put it, but maybe softer sell. And this is definitely just because we can't help but root for Ackman (90% losses are nothing compared to boyish charm, you know)...

Dear Fellow Investors:

OPEN LETTER TO INVESTORS IN STEEL PARTNERS FUNDS Carl C. Icahn 767 Fifth Avenue New York, New York 10153 January 23, 2009 Dear Fellow Investors: As you know, Steel Partners has announced the "WebFinancial Solution" which we believe would be...

We Can Be Bought

As mentioned yesterday in Write-Offs, activist investor Carl Icahn has hired Reuters reporter Dane Hamilton to write for his blog, The Icahn Report. Hamilton was at the newswire for seven years, primarily writing about alternative investments and no doubt made...

Carl Icahn is like Ocho Cinco and T.O.

Following in the footsteps of superstar NFL wide-outs Chad Johnson and Terrell Owens (and former Kansas Senator Bob Dole), Carl Icahn referred to himself in the third-person today on his blog post, "Concerning the Annual Yahoo! Meeting." "Additionally, if any...

Yahoo and Icahn Reach A Compromise Deal

It is over. The proxy fight between Yahoo and Carl Icahn has ended, not with a bang but whimper. Yahoo this morning announced that the two sides had settled with a compromise board, our own Joe Weisenthal reports at PaidContent....

Cautious Carl?

With no new posts today so far, billionaire dollar big boy Carl Icahn's blog is off to a rather bland start. Where are his diatribes against Yahoo? Are the lawyers curbing Carl's tongue? We're getting a bit worried. What if...

"A lot of people die fighting tyranny. The least I can do is vote against it." ---Carl Icahn, 1988

So, apparently Carl Icahn has made six posts already on his blog, dating back to June 12th, even though the site was not even up yet. Impressive. Where'd he procure that time machine? Icahn has already hit a broad range...

Someone Is Gunning For Circuit-Buster

DealBreaker's exclusive "SC 13D" alert again pays dividends on the 15 minutes we spent setting it up. Today we discover that HBK investments, you might remember them from not-so-distant accusations of "abusive and improper" short selling in the private investment...

Currency and Crab Legs

It almost seems like there are three kinds of pending buyouts. The deals where the financial sponsors want out, the deals where the lenders want out, and the deals where both want out. Where Alliance Data Systems sits among these...

If You Have To Ask, You Can't Afford It

When I was a little girl, one of my classmates, an obnoxious, blond, little tot named "Anders," was fond of saying "You can't afford it!" to everyone who was in earshot. Later in life, I became certain Eddie Murphy had...

Circuit Breakers

"Our view of the change that's occurring in consumer electronics and the movie-rental business is one of convergence," Mr. Keyes said. He sees Apple Inc.'s stores as an example of "a user-friendly one-stop shop with solutions for the consumers" that...