This is a classic example of activists working constructively with an existing Board and management.
Current Views & News
Over the years many investment bankers, including Jefferies, that specialize in block trades frequently make bids for our large positions. But completely contrary to what Bill Ackman stated on television today,
In an effort to reach peace with UNITE HERE Local 54, on June 30th the Taj agreed to present a proposal that Local 54 President Bob McDevitt outlined and advised us should be supported by the union.
Trump is right on about our economy. A capitalistic system cannot exist if government is at war with business. CEOs rightly so are afraid to invest in new equipment, etc. to make our manufacturing competitive.
Yesterday we announced that the Taj would close after the Labor Day weekend. This was not an easy decision.
I have always believed in Herbalife’s strong fundamentals and am pleased the Board has decided to increase my ownership limit from 25% to 34.99% of the Company’s outstanding shares.
We have recently acquired a large position in Allergan and are very supportive of CEO Brent Saunders.
Bernie Sanders has received support from the UniteHere union and has made several remarks tying me to the difficulties facing Atlantic City -- without even bothering to give me a call to hear my views and the real facts. So, here are the facts:
New York, New York, February 11, 2016 – Today Carl C. Icahn released the following statement regarding American International Group, Inc. (NYSE: AIG):
New York, New York, January 19, 2016 – Today Carl C. Icahn released the following open letter to the board of directors of American International Group, Inc. (NYSE: AIG):
There is no doubt that Charif Souki has proven that he is a talented entrepreneur but at this time there is also little doubt that the board wished to move the company in a direction that differed greatly from the path Mr. Souki wanted.