carl icahn

Carl Icahn owns sizable stake in Caesars Entertainment: report

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Carl Icahn owns sizable stake in Caesars Entertainment: report

Activist investor Carl Icahn has a sizable position in casino operator Caesars Entertainment, Bloomberg News reported Friday citing sources familiar with the matter. Shares of the company jumped 12% to close at $35.56. The stock is still down 24% this year. The size of Icahn’s stake in the company could not be learned, the report added. Shares of … Read more

Illumina to divest cancer test maker Grail

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Illumina to divest cancer test maker Grail

Illumina said on Sunday that it would divest cancer diagnostic test maker Grail after the companies battled both US and European antitrust enforcers for more than two years and faced fierce opposition from activist investor Carl Icahn. The divestiture will be executed through a third-party sale or capital markets transaction, San Diego-based Illumina said in … Read more