Carl Icahn ups offer for XO Holdings
| October 30th, 2009 | ||
| Contributed by: Hedge Fund Solutions, LLC | ||
| Earlier this week, activist hedge fund manager Carl Icahn increased his previously announced bid to purchase XO Holdings, Inc. (XOHO.OB) from 0.55 to 0.80 per share. According to the Hedge Fund Solutions Catalyst Research Report, Mr. Icahn’s firm, Icahn Associates, currently holds 721,069,301 shares, or 89.33% of the company’s shares outstanding. XO Holdings has revenues of 1.5 billion and a market cap of only 144 million. For more information on Hedge Fund Solutions or to sign-up for their Catalyst Equity Research Reports, please click here. | ||
For Detailed Investor Profiles on these Investors, click below: |
Icahn Associates (Carl Icahn) |
Related People: Carl Icahn
Related Entities: Icahn & Co Inc;
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles; Hedge Fund Resources and Featured Partner News
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