Icahn Enterprises Shares Drop on Secondary Offering – ValueWalk Premium
Carl Icahn

Icahn Enterprises Shares Drop on Secondary Offering

Carl Icahn is all over the news today and yesterday, after he revealed the extent of his faith in Herbalife Ltd. (NYSE:HLF). It's been a busy day for the hedge fund manager on more than one front, however. His investment vehicle, Icahn Enterprises L.P. (NASDAQ:IEP), announced after the close on Thursday that it was commencing a public offering of depository units. The units represent limited partner interests in the firm.

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