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Old 11-08-2007, 07:41 PM
stephenNUTS stephenNUTS is offline
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Join Date: Oct 2006
Posts: 964
Default Re: Analyzing a business, this looks sketchy

Icahn owes a big chunk of outstanding share (29%) and 53% of the voting share. So does this mean Icahn has a license to steal from this company? It doesnt look like he has in the past, but couldnt he just vote in a CEO to will give the other Icahn companies really good prices and such [ QUOTE ]


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I am not really not sure what your question is?


Do you mean......his majority control gives him the ability to do whatever he wants as far as management appointments,or to actually extract $$$$ from the company with the "liscence to steal" reference?

SF [img]/images/graemlins/confused.gif[/img]
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