- Freeport McMoRan (NYSE:FCX) reportedly has hired JPMorgan Chase to help it explore options such as asset sales and cost cuts, after Carl Icahn called the company undervalued and asked for corporate changes.
- Icahn disclosed an 8.5% stake in FCX last week, saying the miner needed to address several corporate governance and capital issues.
Report: Freeport McMoRan hires JPMorgan to help explore options
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| Symbol | Last Price | % Chg |
|---|---|---|
| FCX | - | - |
| Freeport-McMoRan Inc. | ||