Carl Icahn Drives A Hard Bargain At Work And At Home


Young Brett Icahn’s plans to follow in his father’s footsteps with a chunk of his father’s money have run into a snag, namely, his father. Sure, the elder Icahn would be happy to help his son remove the training wheels, but he just can’t help it if he’s the superior negotiator, even at 78.

Icahn Enterprises was in negotiations to fund the new enterprise with $1 billion in startup cash in exchange for a partial ownership stake in the firm.

Before the deal was complete, however, talks fell apart.

Brett Icahn Cancels Plans to Start Hedge-Fund Firm [WSJ]
Hertz Offers Icahn 3 Board Seats to Stave Off Fight [DealBook]