What This Hostile Takeover Means for Investors
The following video is part of our "Motley Fool Conversations" series, in which energy editor and analyst Joel South and manufacturing editor and analyst Isaac Pino discuss topics around the investing world.
In this edition, Joel discusses the newest hostile takeover bid by legendary corporate raider Carl Icahn. The billionaire boardroom brawler has his eyes on CVR Energy and has acquired a majority of CVR's shares, giving him the controlling interest and the proxy vote. Icahn has made his intentions clear, stating that he will sell the company, but the question is whether he'd sell it intact or split the energy and chemicals divisions and split into two separate sales. Check out the video to see who may be interested in the CVR and what a sale means for its shareholders.
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At the time this article was published Isaac Pino and Joel South have no positions in the stocks mentioned above. The Motley Fool owns shares of Yahoo!.Motley Fool newsletter services recommendHollyFrontier and Yahoo! Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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