Icahn's Empire in Turmoil: Struggles and Stake Reductions
TL;DR Summary
Carl Icahn, the legendary investor, is facing a crisis as a short-seller attack has caused a significant drop in the value of his investment empire and depleted his cash reserves. Icahn had previously planned for his son to take over the empire, which had seen success in battling corporate America, but now he finds himself scrambling to save his empire and restore its value.
Topics:business#business#carl-icahn#corporate-america#financial-crisis#investment-empire#short-seller-attack
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