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CVR Energy considers exercising call right for CVR Refining

Nov. 30, 2018 12:19 PM ETCVR Refining, LP (CVRR) StockCVI, CVRRBy: Carl Surran, SA News Editor67 Comments
  • CVR Refining (CVRR +0.6%) edges higher after Carl Icahn files an amended 13D statement disclosing that CVR Energy (CVI -1.3%) is now considering exercising its call right.
  • According to the filing, "CVI's ownership of the general partner gives CVI the right to call and purchase all of the issuer's common units (other than common units held by the general partner and its affiliates) at a formula price provided for in the limited partnership agreement."

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