Icahn-controlled CVR Energy fails to find bidders
July 26 |
July 26 (Reuters) - CVR Energy Inc, majority owned by investor Carl Icahn, said it did not receive any credible acquisition offer during its 60-day sale process despite contacting more than 30 potential bidders.
Adviser Jefferies & Co Inc contacted independent refining companies and private equity firms, among other bidders, the crude oil refiner said on Thursday.
Ichan owns about 82 percent of CVR after his $30 per-share tender offer received majority shareholder support in May.
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