Seeking Alpha

Carl Icahn says he's willing to raise his $15-per-share bid for Commercial Metals (CMC -1.2%)...

Carl Icahn says he's willing to raise his $15-per-share bid for Commercial Metals (CMC -1.2%) and encourages shareholders to accept his unsolicited $1.73B tender offer for the scrap-metal processor. Icahn says if the shares are tendered and the board puts the company up for sale, he's willing to extend his offer to allow for a competitive sales process with a $15 floor.
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