Carl Icahn
Carl Icahn
Carl Celian Icahnis an American business magnate, investor, activist shareholder, and philanthropist. He is the founder and majority shareholder of Icahn Enterprises, a diversified conglomerate holding company based in New York City. He is also Chairman of Federal-Mogul, an American developer, manufacturer and supplier of powertrain components and vehicle safety products...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth16 February 1936
CityQueens, NY
CountryUnited States of America
In life and business, there are two cardinal sins. The first is to act precipitously without thought and the second is to not act at all.
When friends and acquaintances are telling you that you are a genius, before you accept their opinion, take a moment to remember what you always thought of their opinions in the past.
Some people get rich studying artificial intelligence. Me, I make money studying natural stupidity.
We're happy that value for all shareholders is enhanced through this offer.
The registrants acquired the shares because they believe that the shares are undervalued in the market place,
It is my belief that, if the proper partner were allowed to have control of AOL, shareholder value would be much more greatly enhanced than through a half-hearted joint venture that might only serve the purpose of entrenching management.
particularly important at Time Warner because of the difference of opinion between many large shareholders and management concerning the direction of the company and the lack of share price performance under current management.
Most of the hedge funds will vote with me and there will be some transference from some of the mutual funds, although others won't go against a sitting incumbent. It's no slam dunk, but we have a better chance then the world gives us.
We continue to believe that Time Warner's stock is greatly undervalued and that the company is in need of a major restructuring,
You learn in this business: It you want a friend, get a dog.
not comment on whether I still have an interest in General Motors or whether I will buy or sell its shares.
Their earnings are way down. It's time for management to go,
Doing this AOL deal is on the way, but not enough, to enhancing shareholder value at Time Warner, ... It proves my point that there is a great deal of unrealized value here. The best investment the company can make is in their own stock at this time.
We sincerely hope that this important resolution has come in time to save Marvel and help restore it to its preeminent place in the growing global entertainment business.