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Carl Icahn is a financier and investor with an estimated worth of about $14 billion. Icahn was responsible for the hostile takeover of TWA in 1985 and was involved with Michael Milken's junk bond dealings during the 1980s. In 2007, Icahn was ranked by Forbes as the 18th richest man in America.
According to reports on May 29, 2009, Icahn and a group of other investors appeared have submitted a winning $200 million bid for the Atlantic City Tropicana. The resort and casino had been worth an estimated $1 billion prior to the onset of the economic recession in 2008.Salon.com: Icahn group appears to be winner of NJ Tropicana (May 29, 2009)
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Fast Facts
- Born: February 16, 1936
- Graduated from Princeton University with a A.B. in Philosophy
- Net worth (2008): $14 Billion
- In 2007, purchased a 9.2% stake in Telik, Inc.
- Took over Lear Corporation for $2.3 billion dollars
- Appeared on 60 Minutes on March 9, 2008
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Early Life
Carl Icahn was born and raised in Queens, New York City. He graduated from Princeton University and went on to attend medical school but dropped out before graduation. -
Career
He started his career in finance on Wall Street and from there gained a name as a corporate raider. In 1985 he engaged in a hostile takeover of TWA and subsequently began to sell off the company. Recently he announced his dislike of Yahoo's rejection of Microsoft's takeover bid and said that he will move to oust Yahoo's Board of Directors. -
Icahn and the Limited Agreement
On May 18, 2008, it was announced that [[Yahoo!]] and Microsoft were considering a new, more limited, cooperative deal to expand Internet advertising programs in an effort to compete with Google.Although Yahoo! had been in talks with AOL, Microsoft announced in July of 2008 that they are still interested in Yahoo!, if shareholders vote to appoint a new board of directors. Yahoo! investor Carl Icahn has been reportedly working with Microsoft in an attempt to convince shareholders to replace the current Yahoo! board. Yahoo!'s board meets on August 1, 2008.San Francisco Chronicle: Microsoft open to new Yahoo deal - with a new board (July 7, 2008)
In an effort to avoid a struggle for control of the company during the August 1, 2008, shareholder's meeting, Yahoo! reached a settlement with Icahn, which it announced on July 21, 2008. The settlement gives Icahn a seat on the board of directors and the opportunity to appoint two additional members.The Associated Press: Yahoo settles with Icahn to avert control battle (July 21, 2008)
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Related Mahalo Pages
[[Yahoo!]] | Microsoft Yahoo | BEA Systems | Motorola Breakup | Biogen Idec | Oracle | Donald Trump | Bill Gates | How to Become a Billionaire | Rupert Murdoch | Mort Zuckerman
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The Mahalo Top 7
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Official Site: The Icahn Report
icahnreport.com -
TIME: 10 Questions for Carl Icahn
time.com (February 15, 2007) -
MSNBC: Icahn prevails in Blockbuster battle
msnbc.msn.com (May 11, 2005) -
Portfolio.com: Top Executive Profiles - Carl C. Icahn
portfolio.com -
Salon.com: Icahn group appears to be winner of NJ Tropicana
salon.com (May 29, 2009) -
The Associated Press: Yahoo settles with Icahn to avert...
ap.google.com (July 21, 2008) -
BloggingStocks: Money Face-Off: Kirk Kerkorian vs. Carl Icahn
bloggingstocks.com (September 15, 2007)
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Official Site: The Icahn Report
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Carl Icahn on Twitter Powered by Twitter
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Tropicana(carl icahn)Montblue casino gaming- is the wrost run company I have ever seen in my life! Bad for the community -!!!!!
@xorunxo | November 11, 2009 07:59 PM -
Tropicana(carl icahn)Montblue casino gaming- is the wrost run company I have ever seen in my life! Bad for the community -!!!!
@xorunxo | November 11, 2009 07:59 PM -
Tropicana(carl icahn)Montblue casino gaming- is the wrost run company I have ever seen in my life! Bad for the community -!!!
@xorunxo | November 11, 2009 07:59 PM -
Tropicana(carl icahn)Montblue casino gaming- is the wrost run company I have ever seen in my life! Bad for the community -!!
@xorunxo | November 11, 2009 07:59 PM -
Tropicana(carl icahn)Montblue casino gaming- is the wrost run company I have ever seen in my life! Bad for the community -!
@xorunxo | November 11, 2009 07:58 PM
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Carl Icahn on Amazon | View All
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60 Minutes - The Icahn Lift (March 9, 2008) - $17.95
Carl Icahn is one of the most successful and controversial investors on Wall Street. Icahn's reputation for pumping up the stock value of the companies he invests in has been called "the Icahn lift." His critics say this lift can come at th...
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Icahn's Mount Kisco holdings target of foreclosure. (Mount Kisco, New York; foreclosure petition filed by Travelers Insurance Co. against Carl Icahn real ... from: Westchester County Business Journal - $5.95
This digital document is an article from Westchester County Business Journal, published by Westfair Communications, Inc. on December 7, 1992. The length of the article is 537 words. The page length shown above is based on a typical 300-word...
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King Icahn: The Biography of a Renegade Capitalist - $23.00
Recounts the life of legendary financier Carl Icahn, including his raid on Phillips Petroleum, his takeover of TWA, and more. By the author of Sudden Death: The Rise and Fall of E.F. Hutton. 35,000 first printing. $35,000 ad/pr...
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Corporate shaker Carl Icahn ups his ownership in Amylin.(BIOTECH)(Amylin Pharmaceuticals Inc)(Brief article): An article from: San Diego Business Journal - $9.95
This digital document is an article from San Diego Business Journal, published by CBJ, L.P. on September 22, 2008. The length of the article is 350 words. The page length shown above is based on a typical 300-word page. The article is deliv...
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Reckson says no to Carl Icahn.: An article from: Real Estate Weekly - $9.95
This digital document is an article from Real Estate Weekly, published by Thomson Gale on December 6, 2006. The length of the article is 707 words. The page length shown above is based on a typical 300-word page. The article is delivered in...
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Questions and Answers About Carl Icahn | View All | Ask a Question
View All Carl Icahn Questions (34) | Ask a QuestionIs the Padma Lakshmis Carls Jr ad inappropriate? (4 Answers)I don't think the ad itself is inappropriate. The only way it could possibly hurt her credibility, I would think, is that some may argue that calls into question her ... read moreWhere can I find a vintage Carl Yastrzemski Red Sox jersey with red and green on the selves? (2 Answers)Here is one on Ebay. http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=270362320793 http://imagehost.vendio.com/bin/imageserver.x/00000000/templeu22/.mids/boston023.jpg Here is another from stylefeeder. http://www.stylefeeder.com/i/pfzjpfc9/Boston-Red-Sox-Authentic-1967-Carl-Yastrzemski-Home-Jersey-By-Mitchell-Amp-Ness http://ecx.images-amazon.com/images/I/41TamGgZvmL._AA280_.jpg Still looking for red and green though. My guess it was custom made somewhere. read moreWho is Carl Long? (1 Answer)He's a NASCAR driver http://www.carl-long.com/driverprofile.htm read more
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