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Plan B: After being rejected by the firm directly, Carl Icahn launches a $15/share tender offer...

  • Friday, December 9, 2011, 10:30 AM ET
    Plan B: After being rejected by the firm directly, Carl Icahn launches a $15/share tender offer to acquire a controlling interest of Commercial Metals (CMC +0.2%). Icahn calls on the firm's board to redeem a poison pill that could block his efforts.
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