Seeking Alpha

Icahn vs. CVR: The activist investor takes a few potshots at CVR Energy's (CVI +0.8%) statement...

Icahn vs. CVR: The activist investor takes a few potshots at CVR Energy's (CVI +0.8%) statement from earlier today advising shareholders to say no to his tender offer. Cutting to the chase, he notes shareholders only saw a $3.25 increase in share price over 4 years before the stock took off after he expressed an interest. He also poses the question as to why the board's chairman is selling shares if the $30 offer undervalues the company?
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs