Mentor Graphics (MENT +1.6%), long a target of 15% shareholder Carl Icahn, temporarily spiked...

|About: Mentor Graphics Corporation (MENT)|By:, SA News Editor

Mentor Graphics (MENT +1.6%), long a target of 15% shareholder Carl Icahn, temporarily spiked higher after Icahn filed a 13D voicing his disapproval over the decision of Mentor's board not to re-nominate 2 of the 3 directors appointed last year as a result of Icahn's proxy fight. Icahn says the move is evidence Mentor's "long track record of poor corporate governance" hasn't changed.