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

May 26, 2009 9:18 AM ETEnzon Pharmaceuticals, Inc. (ENZN) StockENZNBy: Eli Hoffmann, SA News Editor
A new activist-investor attack on Enzon Pharmaceuticals (OTC: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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