Seeking Alpha

A new activist-investor attack on Enzon Pharmaceuticals (ENZN), led by Carl Icahn, is based on...

A new activist-investor attack on Enzon Pharmaceuticals (ENZN), led by Carl Icahn, is based on an obscure law that allows investors to lobby fellow shareholders for 51% of their votes in a one-time referendum to ouster top management. A win could have broad implications.
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