CARL ICAHN

Icahn offers to buy Clorox in $10.2 billion deal

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Billionaire investor Carl Icahn offered to buy Clorox Co in a $10.2 billion deal, but also invited the household products maker to solicit rival bids, which he said would yield much higher offers for the company.

Wall Street rollercoaster set for worst week in year

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Wall Street was heading for its worst week in nearly a year, with index futures little changed on Friday as macroeconomic concerns keep markets volatile and overshadow the start of U.S. corporate earnings season.
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Wall St rises for 5th day on strong data

July started on a positive note for U.S. stocks with Wall Street notching its fifth day of gains on Friday after a surprising jump in manufacturing data eased concerns about a tepid economic recovery.
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Dish Network wins Blockbuster bankruptcy auction

Satellite television company Dish Network Corp said it won an auction for video rental chain Blockbuster Inc offering about $320 million, trumping rival offers including that of billionaire investor Carl Icahn.
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Bidding kicks off to decide Blockbuster's fate

A bankruptcy auction for movie rental chain Blockbuster Inc kicked off with a $284 million bid from Dish Network Corp on Tuesday, quickly topped by bids from rival groups led by billionaire Carl Icahn and hedge fund Monarch Alternative Capital
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Blockbuster receives 5 bids at bankruptcy auction

Blockbuster Inc has received five qualifying bids at a bankruptcy auction that will determine whether the movie rental chain will stay in business or shutter its roughly 1,700 remaining stores, a lawyer for the company said.
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Icahn, Dish bid for Blockbuster assets: report

Satellite television company Dish Network Corp and billionaire investor Carl Icahn have submitted bids for bankrupt movie rental chain Blockbuster Inc , the Wall Street Journal reported, citing people familiar with the matter.
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Part of Lions Gate suit against Icahn dismissed

A Manhattan federal judge dismissed part of a lawsuit by Lions Gate Entertainment Corp against Carl Icahn that accused the activist investor of plotting to merge the studio with Metro-Goldwyn-Mayer.
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Icahn gets waiver to buy more Dynegy shares

Billionaire investor Carl Icahn on Wednesday said he signed an agreement with power company Dynegy Inc that would allow him to buy up to 19.99999 percent of the company while retaining his voting rights.
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Icahn to return all his clients' money

Billionaire hedge fund manager Carl Icahn said he plans to return all of his clients' money, becoming the latest in a string of investors who no longer want to manage money for outsiders.
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Icahn takes 9 percent stake in Clorox

Billionaire activist investor Carl Icahn has taken a 9.08 percent stake in Clorox Co , calling the stock undervalued given the company's big brands, sending its shares up more than 9 percent to a new high.
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Dynegy tries to sell Icahn bid to shareholders

Dynegy Inc defended its attempt to sell itself for $665 million to billionaire Carl Icahn, arguing on Thursday that weak market conditions could force the power company into a liquidity crisis if the deal was not completed.
A Blockbuster movie rental store is seen in Golden

Twilight studio to Blockbuster: Pay or liquidate

The independent studio behind the hit Twilight films wants a judge to force bankrupt movie rental chain Blockbuster Inc to pay its bills or force it to into liquidation, according to court documents.
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Barbie, American Girl drive Mattel's holiday win

Mattel Inc, the No. 1 toy company, staked its claim as the winner of the holiday shopping season as strong demand for its core Barbie and American Girl brands helped quarterly earnings beat expectations.
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Mattel beats Wall Street on strong demand

Mattel Inc, the maker of Barbie dolls and Hot Wheels cars, posted quarterly results that breezed past market estimates, helped by strong demand across its brands.
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Investors eyeing Blockbuster as it goes digital

A group of shareholders in Blockbuster Inc are considering an investment in the bankrupt video chain and are seeking information about its push into digital, according to court documents.

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