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Stock Market & Financial Investment News

News Breaks
February 18, 2014
07:08 EDTFRX, IEPForest Labs deal 'great result' for all shareholders, Icahn says
Carl Icahn posted on Twitter that the deal struck to sell Forest Labs (FRX) to Actavis (ACT) is a "great result" for all Forest shareholders that "proves again that activism works." Icahn noted that since his involvement with Forest, its shareholders have seen the stock gain in market value by about $17B , or over 193%.
News For FRX;IEP From The Last 14 Days
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May 15, 2015
10:03 EDTIEPLyft raises added $150M, led by $100M from Icahn Enterprises
Lyft, a ridesharing start-up, announced that it has raised an additional $150M, led by an investment of $100M from Icahn Enterprises, the diversified holding company controlled by Carl Icahn. As part of the investment, one of Icahn's managing directors, Jonathan Christodoro, will join Lyft's board. Icahn said: "We are very happy to be investing in Lyft. I believe that ridesharing is poised to become a fundamental component of our transportation infrastructure. The Company's revenue growth to date has been extremely compelling, and increasing urbanization over the next 5 to 10 years should enable the Company to maintain that trajectory."

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