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2024-11-08 02:49:45
in reply to

yahoo.com on Nostr: Icahn Enterprises, a controlling shareholder of CVR Energy, plans to raise its stake ...


Icahn Enterprises, a controlling shareholder of CVR Energy, plans to raise its stake in the oil refiner to over 81% by purchasing 15 million additional shares. This move is expected to benefit stockholders by allowing them to cash out at a premium. To fund this transaction and others, Icahn is cutting his firm's dividend payout for the second time.

#CarlIcahn #Bengaluru #Kansas #Oklahoma #mainstream #business
https://media.zenfs.com/en/reuters-finance.com/6d1c672badd1181b899729d5dca0476a

https://finance.yahoo.com/news/icahn-plans-raising-stake-oil-022519785.html

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