Carl Icahn extends his $30/share tender offer for CVR Energy (CVI) until May 4, and says that if...

|About: CVR Energy, Inc. (CVI)|By:, SA News Editor

Carl Icahn extends his $30/share tender offer for CVR Energy (CVI) until May 4, and says that if he gains control, he will start a 60-day marketing process to sell it. However, if Icahn can't find a buyer, he won't actively seek a sale; if he gains 90% control, he plans to merge CVR with one of his affiliates.