Icahn

Source: www.prnewswire.com --- 15 hours ago
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Source: www.moreover.com --- 18 hours ago
Chain Store Age May 12 2008 4:42PM GMT ...

Source: www.smartbrief.com --- 16 hours ago
While cautioning that its actions do not necessarily foretell the company's direction, Circuit City said it would open its bo - More -  ...

Source: sushubh.net --- 1 day ago
Looks like it is hosted by WordPress.com. Rather strange. Especially considering the website shows related posts from WP.com enabled by I think the Sphere plug-in. Tags: Amused, blogging, Blogs, Carl Icahn, The Icahn Report, WordPress Related posts WordPress 2.5 (2) WordPress 2.3 adds native Tag feature (4) Adding WordPress 2.5 Gravatar support to Templates (6) Aamir Khan Interview with Tehelka [...] ...

Source: www.topix.com --- 14 hours ago
Dismiss - Walt & Kara Posted at 12:05 AM PT on May 9, 2008 A Blockbuster acquisition of Circuit City may not be as much of a long shot as it first appeared. via All Things Digital ...

Source: www.marketwatch.com --- 1 day ago
After months of investor pressure, a hostile takeover bid, and weak results, it looks like Circuit City Stores Inc.'s days are numbered. The beleaguered consumer-electronics retailer said it would allow hostile suitor Blockbuster Inc. -- and its biggest shareholder Carl Icahn -- to take a look at its books. ...

Source: www.wallstreet-online.de --- 2 days ago
Icahn steht mit seinem Investmentstil für die als "Heuschrecken" verschriehenen Private Equity Gesellschaften, die Unternehmen aufkaufen, in Einzelteile filetieren und diese anschließend gewinnbringend an der Börse verkaufen. ...

Source: business.techwhack.com --- 1 day ago
Carl Icahn interested in acquiring Circuit City US based retailing chain Circuit City Stores has said that they are fine with giving access to their books to Blockbuster for reviewing as they have shown interests in acquiring them. The company added that billionaire investor Carl Icahn is also interested in a possible deal if Blockbuster fails to [...] ...

Source: feeds.portfolio.com --- 11 hours ago
It's a few weeks before Barry Diller almost lost everything, and he is in his element, at the Four Seasons restaurant in midtown Manhattan. Movie producer Harvey Weinstein is here, as is activist investor Carl Icahn. Diller, uncharacteristically, is sharing the spotlight with CBS chief Les Moonves in a panel discussion about the future of media. Eventually, the subject turns to Diller himself, whose future at this moment looks precarious. For once, a man who has made a career of micromanaging his own myth is scriptless. The following week, a state court judge in Delaware will hear a lawsuit between Diller and John Malone , the media executive and erstwhile Diller ally who is threatening to strip Diller of everything: his control of IAC/InterActiveCorp , the internet company the two have been bickering over; Diller’s perch inside the Frank Gehry-designed IAC building, on Manhattan’s West Side; his reputation as one of the last of the badass brawlers in the media world; and perhaps most important, his peerless—and until now nearly flawless—ability to craft and maintain his own legend, even if IAC’s performance of late hasn’t exactly seemed to warrant it. ( View slideshow. ) “It’s very odd that two people who don’t want to give up control of anything are giving control to a judge in Delaware," Diller says. “It’s unfortunate.” Within a ...

Source: forums.audioreview.com --- 2 hours ago
I thought I remembered talking about a possible buy out of Circuit City by Blockbuster but I did not know they were in Chapter 11 bankruptcy. One of the major share holders, Carl Icahn, also says he will buy the chain if Blockbuster does... ...

Source: www.bignewsnetwork.com --- 1 day ago
RICHMOND, Va. (AP) — Circuit City Stores Inc. on Friday gave in to pressure from activist shareholders, essentially putting itself up for sale and agreeing to nominate dissident directors to its... ...

Source: www.fduknights.com --- 6 hours ago
The Fairleigh Dickinson University men's and women's outdoor track & field team ran at the New Balance NYC Qualifying Challenge held at Icahn Stadium on Randall's Island, Saturday, May 10. Junior Reyon John logged an IC4A-qualifying clip of 21.63 in the 200m, en route to seventh place. ...

Source: www.hackingnetflix.com --- 22 hours ago
The Wall Street Journal has posted a letter from Carl Icahn to Blockbuster CEO Jim Keyes, confirming that Icahn will buy Circuit City if Blockbuster is unable: This is to confirm that I, and/or entities affiliated with me, (collectively with me "Purchaser") stand ready to acquire Circuit City if Blockbuster is unable to receive financing to do so or obtain any necessary shareholder approvals after doing satisfactory due diligence. Obviously, this is subject to Purchaser conducting a satisfactory due diligence review of Circuit City which will be done concurrently with Blockbuster and being satisfied as to the results of... ...

Source: www.local12.com --- 2 days ago
Circuit City Stores says it will allow video-rental chain Blockbuster, and its largest shareholder Carl Icahn, to review its books in connection with Blockbuster's bid to buy the consumer electronics... ...

Source: www.fwicki.com --- 1 day ago
Circuit City Stores Inc. on Friday gave in to pressure from activist shareholders, essentially putting itself up for sale and agreeing to nominate dissident directors to its board. The electronics retailer announced it would open its books to ... ...

Source: boringmarket.com --- 1 day ago
Whenever Motorola is mentioned Carl Icahn involvement is soon to follow. Maybe it’s his increasing stake in the company, in which yesterday it was reported that he upped his holding of Motorola to 7.6% from 6.4%, or is it the belief that Carl Icahn being can still help turnaround Motorola? Even though Icahn dropped a proxy [...] ...

Source: swimbikerunrace.blogspot.com --- 4 hours ago
RUN - 5.89 mi / 44:03 Speedwork: Mile Repeats @ 5:56 After an easy two-mile warm-up, I hit the track to rattle off a couple quick mile repeats. Had a target time of 5:56 in mind and came in under that by a second or two each time, 5:54 and 5:55 specifically. My heart rate was well into zone five, hovering between 183 and 190. A perfect day to run: sunny, 60 degrees, minimal breeze. Just a really great day to be outside! I was happy to make use of the track at Astoria Park, what with my east coast departure in T minus four days. I'm trying to find a track near the new San Francisco apartment - if anyone has any suggestions in or around Pacific Heights , please share! Right now, it looks like I'll be headed to Kezar Stadium in Golden Gate Park. Speaking of track... I had hoped to race tonight in the first NYRR Tuesday Night at the Races meet at Icahn Stadium. The meet was on the NYRR calendar right up until last week when it inexplicably dissapeared. In lieu of a race, figured I'm put forth a big effort this morning. It's too bad, because I've been here for six years and have never had the opportunity to race at Icahn! Oh well, maybe the stars will align and I'll be here visiting on a race day. In other training news, followed Sunday's long ride with a nice easy 11-mile ride Monday morning followed by a great interval session in the pool last night. Completed 600m intervals in what will ultimately be my last swim ...

Source: managementaschangeagent.blogspot.com --- 4 hours ago
Circuit City appears to have made an about face today.  The company announced it has hired Goldman Sachs to help with a potential.  According to DealScape , There is finally an agreement on the table between Circuit City and Wattles Capital Management LLC, and Circuit City has put itself on the block due to activist pressure, hiring Goldman, Sachs & Co. to manage the sale. Blockbuster must be happy about the announcement.  One can only assume that Circuit city CEO, Philip Schoonover, recognized the need to try and play ball with Wattles, Blockbuster and Carl Ichan.  Time will tell how all this plays out.  According to the New York Times Deal Book , Ciruit City's change of heart might be due to, Why the change? A letter from the billionaire investor Carl Icahn, who is Blockbuster’s largest shareholder, seemed to be a major factor. Circuit City said that Mr. Icahn had pledged, with certain conditions, to buy the company on his own if Blockbuster should be unable to finance the deal. “This written commitment answers some of [the company’s] questions with regard to Blockbuster’s and Mr. Icahn’s previous disclosures,” Circuit City said in a news release. Keep your ears to ground and stay tuned.  There is more to come. For more: Financial Times Bloomberg Market Watch Business Journals Washington Post Portfolio.com Silicon Alley Insider ...

Source: pennyherscher.blogspot.com --- 2 days ago
In follow up to my recent post that activism is on the rise - I saw a fascinating piece on Bloomberg recently on a detailed anti-regulatory strategy used by activist investors like Norman Peltz and Carl Icahn -- in which they use options to avoid ownership disclosure rules that the U.S. Fair Trade Commission oversees. For those who don't eat-and-sleep the regulations, activist investors essentially need to file with the FTC and notify the firm itself when they cross over the threshold of owning more than $63M of a firm's shares. They then must wait for FTC approval before continuing to accumulate a position. Passive investors face a more lax collar, and can own up to 10% of a firm before filing with the FTC. These FTC reporting rules are in addition to the SEC's Form 13D , which must be filed within 10 days of an investor acquiring more than 5% of a firm's shares. The article details transactions in which Icahn purchased options from Goldman Sachs to buy MOT's stock -- rather than the shares themselves -- as he prepared for a rapid accumulation of stock. This essentially put him in a position of being able to pounce on the company, but without disclosing that he was on the verge of doing so. It's a gray area for regulation, though Jeffrey Zuckerman, who brought cases against this practice in the 80s, is quoted as saying that the FTC "looked at [the practice] back in the 1980s and, rightly or wrongly, concluded at the staff leve ...

Source: 80feetroad.blogspot.com --- 1 day ago
Carl Icahn the famous activist investor cum billionaire has set up his blog known as The Icahn Report . The blog has been created but there are no signs of activity yet. Icahn has said that the blog will go live in about two weeks time which means we can hopefully see some posts on “Corporate Governance.” ...