Icahn has amassed a large stake in J.C. Penney: WSJ
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Billionaire investor Carl Icahn has  quietly amassed a large stake in department store operator J.C.  Penney Co Inc , The Wall Street Journal reported on  Friday, citing people familiar with the matter.
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Tiffany & Company said yesterday that it would consider suggestions on strategy from Trian Fund Management, a New York investment firm that has become its largest shareholder. The companyâs stock price reached a three-year high.
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Billionaire US investor Warren Buffett has built up an 8.6% stake in Kraft Foods, making him its largest shareholder.
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Temple-Inland Inc. TIN.N on Friday  said Wall Street financier Carl Icahn and one of his funds  filed for clearance to buy up to $1 billion, or a little more  than a quarter, of the company's common stock.
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U.S. investors Carl Icahn and Warren   Lichtenstein are preparing a tender offer for KT&G Corp. , a   South Korean brokerage said, sending shares of the country's   top tobacco maker up over 6 percent on Friday.
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Carl C. Icahn. who recently spent $200 million to increase his stake in Lear to nearly 16 percent, has offered to acquire the entire company.
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JC Penney (JCP:NYSE - news - research) said Wednesday it hired a new chairman and chief executive, Myron Ullman. Ullman, a former executive at LVMH Moet Hennessy Louis Vuitton (LVMH:Nasdaq - news - research), will succeed Allen Questrom.
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Billionaire financier Carl Icahn charged ahead on Monday with an offer for New York office landlord Reckson Associates Realty Corp.  for $49 per share after his two partners withdrew from the bidding.
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US billionaire Carl Icahn has sold most of his stake in Korean tobacco and ginseng firm KT&G, reports say.
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Billionaire investor Carl Icahn said  on Thursday he made an offer to buy certain Westchester  properties held by Reckson Associates Realty Corp.  as  part of its pending merger with SL Green Realty Corp .
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TOKYO -- Citigroup Inc., the largest bank in the United States, said Tuesday it raised its takeover offer for scandal-tainted Nikko Cordial Corp. by 26 percent in a deal worth up to $13.35 billion after the Japanese brokerage's largest shareholders rejected the initial price as too low.
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SAN FRANCISCO -- Billionaire investor Carl C. Icahn was given clearance by US antitrust regulators to purchase shares in Biogen Idec Inc., the world's biggest maker of drugs for multiple sclerosis.
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A suit against a large hedge fund filed by Carl C. Icahn, the billionaire financier, could shine a bright light on the largely unregulated hedge fund industry.
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Another possible suitor has emerged in the Hollywood Entertainment Corp. takeover fray: billionaire Carl Icahn.
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Mylan Laboratories Inc., the biggest US maker of generic drugs, received a $20-a-share bid from Carl Icahn, the company&#39;s largest investor and a critic of Mylan&#39;s plan to buy King Pharmaceuticals Inc.
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Billionaire investor Carl C. Icahn told Motorola Inc. he hopes to be elected to one of 13 seats on the cell phone maker's board of directors, company officials said Tuesday. Motorola shares rose more than 6 percent in late morning trading on the disclosure.
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By MIKE CRISSEY, Associated Press Writer, The Associated Press. Icahn, one of the 1980s most prolific corporate raiders, bought 18.