1. Icahn Raises Offer for Remaining Stake in Federal-Mogul

    Icahn Raises Offer for Remaining Stake in Federal-Mogul

    Icahn raises offer for remaining stake in Federal-Mogul June 20, 2016 @ 9:40 am Comments Carl Icahn owns 82 percent of Federal-Mogul. UPDATED: 6/20/16 10:16 am ET - new story DETROIT -- Activist investor Carl Icahn raised his bid to acquire the remaining stake in auto parts supplier Federal-Mogul Holdings Corp. Icahn, already the company's largest shareholder, said in a letter to the board of directors that he would increase his offer to $8 per share, up from the $7 per share offer he made in February. Icahn Enterprises, which owns 82 percent of the company, would pay ...

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