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

Dec. 09, 2011 10:30 AM ETCommercial Metals Company (CMC) StockCMCBy: Clark Schultz, SA News Editor
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 (NYSE:CMC +0.2%). Icahn calls on the firm's board to redeem a poison pill that could block his efforts.

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