LOS ANGELES (Reuters) - Financier Carl Icahn has offered $156.5 million to acquire the partially built Fontainebleau Las Vegas resort, which has been ...
NEW YORK (Reuters) - Investor Carl Icahn on Friday raised his offer for the senior notes of bankrupt CIT Group <CITGQ.PK> to $650 ...
NEW YORK (Reuters) - Commercial lender CIT Group Inc <CIT.N>, teetering on the brink of bankruptcy, said on Wednesday it has secured $4.5 billion of additional financing. Lenders in the new facility will be among the first in line to collect money ...
CIT Group receives $4.5B credit line as it tries to restructure debt in fight for survival CIT Group Inc., one of the nation's largest lenders to small and mid-sized businesses, said Wednesday it received $4.5 billion in credit from its own lenders ...
US lender CIT Group said Wednesday it had received an additional 4.5 billion dollar loan as it tries to avoid bankruptcy, dismissing billionaire investor Carl Icahn's last-minute loan offer. Icahn, who has made a name for himself as a corporate raider, offered ...
SAN FRANCISCO (Reuters) - Billionaire activist investor Carl Icahn gave up his seat on the Yahoo Inc <YHOO.O> board of directors on Friday, closing a tumultuous chapter in the Internet company's 15-year history. Icahn said in a letter to the board he ...
Billionaire investor Carl Icahn resigned from his position on the Yahoo! board, saying the US Internet giant no longer needed an "activist" director like him. "I don't believe that it is necessary at this time to have an activist on the board ...
Carl Icahn resigns from Yahoo's board, saying his work is done after nearly 15 months Activist investor Carl Icahn has decided his work is done at Yahoo Inc. after muscling his way on to the slumping Internet company's board nearly 15 months ...
NEW YORK - NOVEMBER 2: Finacier Carl Icahn is interviewed at "David Moore's Funny Business Show" at Caroline's on Broadway on November 2, 2005 in New York City. Icahn announced his resignation from the board at Yahoo Inc. in order to focus ...
NEW YORK (Reuters) - CIT Group Inc <CIT.N> warned bond holders that if they failed to exchange their debt or approve a prepackaged bankruptcy, the commercial finance company -- and its debt investors' returns -- could suffer mightily. The company said that, ...
With a "knock-down, drag-out fight" brewing among CIT's creditors, stockholders have very little chance of coming out ahead(as in, with a stock worth anything). It would be like me, Brad Pitt and George Clooney all trying to impress a woman - I ...
NEW YORK/PHILADELPHIA (Reuters) - Carl Icahn, the famed corporate raider, accused finance company CIT Group Inc <CIT.N> of trying to win support for its reorganization by overpaying for a new loan from some existing lenders. Icahn, who told Reuters he is the ...
