Carl

After taking a 10% stake in JetBlue, activist Carl Icahn scored a win for two board seats – Uptrends

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After taking a 10% stake in JetBlue, activist Carl Icahn scored a win for two board seats – Uptrends

The corporate raider Carl Icahn might be on a new streak as of today, his 88th birthday. JetBlue Airways announced on Friday that it had struck a deal to grant seats on the company’s board of directors to two representatives from Icahn’s companies. The lightning-fast JetBlue settlement came just days after utility company American Electric … Read more

Carl Icahn takes 9.9% stake in JetBluel, says shares ‘undervalued’ – Uptrends

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Carl Icahn takes 9.9% stake in JetBluel, says shares ‘undervalued’ – Uptrends

Misery loves company and after facing steep stock price declines of more than 50% each, activist investor Carl Icahn and JetBlue might need each other right now. Icahn Enterprises disclosed a 9.9% ownership stake in airline JetBlue today, Icahn’s first foray back onto the dance floor after promising that the firm would “stick to our … Read more