Market Currents
Carl Icahn is reportedly withdrawing his offer to take CVR Energy (CVI) private due to...
-
Tuesday, August 21, 2012, 5:11 PM ETCarl Icahn is reportedly withdrawing his offer to take CVR Energy (CVI) private due to deteriorating market conditions. In a letter, he states: "A number of market conditions have changed, including a significant widening of crack spreads. We no longer think that the proposed transaction is feasible at this time and we hereby withdraw it." Shares -2.5% AH.
Other date
Latest Energy & Materials Articles
This news story has 2 comments: