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What rhymes with Carl Icahn?
carl ic·ahn
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- Carl Celian Icahn (; born February 16, 1936) is an American financier. He is the founder and controlling shareholder of Icahn Enterprises, a public company and diversified conglomerate holding company based in New York City. Icahn takes large stakes in companies that he believes will appreciate via changes to corporate policy and he then pressures management to make changes that he believes will benefit shareholders. He was one of the first activist shareholders and is credited with making that investment strategy mainstream for hedge funds.In the 1980s, Icahn developed a reputation as a "corporate raider" after profiting from the hostile takeover and asset stripping of Trans World Airlines.Icahn is on the Forbes 400 and has a net worth of approximately $17 billion to $22 billion.Since 2011, Icahn no longer manages money for outside clients, although investors can invest in Icahn Enterprises.
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