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Icahn looking to launch an army of mini-Icahns
Presumably, they would be younger and better looking. Carl Icahn says he is interested in helping to start up other activist funds that invest like him. On Tuesday, speaking at IMN's Active-Passive Investor Summit in New York, Icahn said he would be willing to provide seed money to get a number of funds off the ground. Icahn said the new funds are needed as corporate boards and their lawyers are making it harder for activist investors to be heard. He also said he was growing tired of drawn out proxy fights, despite threatening a number of them in the past year. And was looking for some younger investors who would ... (full story)
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