Aug 18 2010

Icahn Sues Tropicana Resort Over Royalties

Carl C. Icahn is suing the Tropicana Las Vegas hotel-casino in hopes of forcing it to pay royalties for using its 52-year-old name, The Associated Press reported. Tropicana Entertainment, owned by Mr. Icahn, filed suit last week in U.S. bankruptcy court in Delaware. Mr. Icahn’s company is now separate from the Las Vegas hotel. It [...]


Aug 16 2010

Icahn Pushes Ahead With Energy Investments

The filings are out and it looks like the billionaire investor Carl C. Icahn has set his sights on four energy companies, two of which are heavily involved in exploration and production: Anadarko Petroleum and Chesapeake Energy. Mr. Icahn’s stakes in these companies could mean that he is thinking about a major shakeup in their [...]


Aug 11 2010

What Icahn May Want in Energy

What is Carl C. Icahn up to in energy? Mr. Icahn invested nearly $1 billion into energy stocks in the first half of the year,  according to his latest investment filing with regulators. The filing did not identify the individual stocks; more details may come when Mr. Icahn’s funds file their quarterly 13F’s by the [...]


Aug 10 2010

Icahn vs. Lions Gate: Rambo to the Rescue

Can Sylvester Stallone and his band of mercenaries save Lions Gate? The Los Angeles Times reports that the star, director and writer of the coming action movie “The Expendables” has fending off Carl C. Icahn on his mind even more than wondering whether audiences will show up for the movie and like what they see. [...]


Jul 26 2010

Icahn Sues Lions Gate Over Move to Block His Bid

The billionaire investor Carl C. Icahn sued Lions Gate Entertainment on Monday, accusing the movie studio of employing “scorched-earth tactics” to block his hostile takeover bid and an investment fund manager of “enriching” himself “at the expense of all shareholders.” Mr. Icahn renewed his tender offer for Lions Gate last Tuesday, this time offering $6.50 [...]


Jul 20 2010

Icahn Makes Another Run at Lions Gate

Carl C. Icahn is back on the prowl for Lions Gate Entertainment, but this time he is offering less money for the movie studio than he did before. Mr. Icahn made a new hostile tender offer for Lions Gate on Tuesday, offering $6.50 in cash for each share he does not already own. In his [...]