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
Without question, this company should do away with Columbus Circle.
When you have no one to answer to, vendetta as investment strategy is as legitimate as anything.
To the extent that opportunities are now available to enhance value at AOL, which we believe there are, we implore management and the Board to move more decisively than they have in the past.
While we did not want to resort to litigation, we felt that it was imperative that we stop Toy Biz's improper actions.
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.
Certain companies have publicized my Hart Scott filings in the hope that this might induce investors into running the price up, which might cause me to sell my shares, make a profit and become uninvolved in the company, ... While I am flattered that investors would buy on the news that I have made a Hart Scott filing, I believe that they are taking risks which are not being explained to them by the companies making the disclosure.
Mutual funds are becoming more attuned. If you have the capital to hold out, you will win in the end.
Last year, the company's board and management claimed to act in the interests of stockholders by spinning off the tobacco business of RJR Nabisco,
We're happy that value for all shareholders is enhanced through this offer.
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.
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.
I think you would now agree that this would have achieved a far superior result for stockholders,
I have never called Dick Parsons a moron. I don't think Dick Parsons is a moron. Nothing could be farther from the truth.
Given the fact that, despite its exceptional assets and a generally favorable operating environment, the company's stock price has underperformed significantly since 2002, we believe the time for steps to make the board and management more accountable are long overdue,