Icahn Tells Mentor Management to Sell Company
Carl Icahn, who is fighting on several fronts at the moment, has turned up the heat even higher on Mentor Graphics. The activist hedge fund manager believes shareholder value would be greatly enhanced if the company were put up for sale in an open and fair auction process.
Stephen Taub
February 16, 2011
Carl Icahn, chairman of Icahn Enterprises LP, attends the New York Historical Society's (NYHS) History Makers gala in New York, U.S., on Wednesday, Oct. 6, 2010. Lions Gate Entertainment Corp. sued billionaire Carl Icahn over the Metro-Goldwyn-Mayer Inc. studio deal in federal court in New York, alleging the financier was "secretly plotting" to merge the studios. Photographer: Rick Maiman/Bloomberg *** Local Caption *** Carl Icahn
Rick Maiman/Bloomberg
