By on February 29, 2016

Carl Icahn caricature (Image: Insider Monkey/Flickr)

Billionaire businessman and activist investor Carl Icahn wants to snatch up the last bits of Federal-Mogul Holdings Corporation he doesn’t already own, Automotive News reports.

The 80-year-old tycoon already owns an 82 percent share in the Southfield, Michigan-based global auto parts supplier, where he serves as chairman, but his recent offer of $7 a share could net him full ownership.

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By on June 9, 2015

Fiat Coupe Getting Ready To Be Married

How desperate has FCA CEO Sergio Marchionne become about marrying off his company? He’s asking activist investors to prod General Motors to the chapel.

(Read More…)

Recent Comments

  • Lou_BC: @Jeff’s- I heard that rumour too. GM needs to have a V6 that actually has some torque.
  • Lou_BC: @imagefront – All depends on what you mean by “off road”. In my province there are 729,000...
  • Imagefont: Fact: if you drive off road 500 miles over the life of a vehicle (your ownership, well over 100,000...
  • Inside Looking Out: “132,101 deaths” That’s not true. I heard on TV that there are 120 million...
  • Steve S.: I was there. A lot of stupid ideas were hyped because the companies had “.com” in their names....

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