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Icahn Enterprises LP (IEP.O)

IEP.O on Nasdaq

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Latest Key Developments (Source: Significant Developments)

S&P says Icahn Enterprises LP downgraded to 'BB+' on declining investment values, higher leverage
Tuesday, 17 May 2016 12:53pm EDT 

S&P - : Icahn Enterprises L.P. Downgraded to 'bb+' on declining investment values and higher leverage . Stable outlook reflects expectations that IEP will sustain loan-to-value ratio between 45%-60% over the next 12 months .Stable outlook reflects expectations that IEP will sustain a cash flow adequacy ratio of above 0.7x over next 12 months.  Full Article

Icahn Enterprises LP announces quarterly distribution
Monday, 2 May 2016 08:30am EDT 

Icahn Enterprises LP:Board of Directors of its general partner has declared a quarterly distribution in the amount of $1.50 per depositary unit.Distribution will be paid on or about June 16, 2016 to depositary unit holders of record as on May 12, 2016.  Full Article

Icahn Enterprises LP announces quarterly distribution
Wednesday, 24 Feb 2016 08:30am EST 

Icahn Enterprises LP:Board of Directors of its general partner has declared a quarterly distribution in the amount of $1.50 per depositary unit.Dividend on or about April 12 to depositary unit holders of record date as on March 7.  Full Article

Icahn Enterprises completes acquisition of pep boys
Thursday, 4 Feb 2016 08:30am EST 

Icahn Enterprises LP:Announced that it has closed its acquisition of The Pep Boys _ Manny, Moe & Jack in an all-cash transaction for $18.50 per share, or approximately $1.03 billion in aggregate equity value.  Full Article

Icahn Enterprises L.P to acquire Pep Boys
Wednesday, 30 Dec 2015 09:25am EST 

Icahn Enterprises L.P and Pep Boys - Manny, Moe & Jack:Have entered into a definitive merger agreement under which a subsidiary of Icahn Enterprises will acquire Pep Boys in an all-cash transaction for $18.50 per share, or approximately $1.031 billion in aggregate equity value.Merger agreement has been unanimously approved by the Boards of Directors of both companies.  Full Article

Icahn Enterprises L.P completes acquisition of U.S. Automotive Parts Distribution Business of Uni-Select
Monday, 1 Jun 2015 10:20am EDT 

Icahn Enterprises L.P:Completed its previously announced acquisition of substantially all of the assets of Uni-Select USA, Inc. and Beck/Arnley Worldparts, Inc., comprising the U.S. automotive parts distribution business of Uni-Select Inc.Transaction includes 38 distribution centers and satellite locations, 240 corporate-owned jobber stores and over 3,500 employees.  Full Article

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Icahn buys Bristol-Myers shares, adding to activist pressure

Billionaire investor Carl Icahn has taken a stake in Bristol-Myers Squibb Co and sees the drugmaker as a possible takeover target, according to a report published on Tuesday that sent the company's shares from a loss to more than 2 percent higher.