Word: icahn
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Dates: during 2000-2009
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...bulls were really running last week. From consumers to financiers, nearly everyone was celebrating the belief that the economy is kicking into high gear. Thanks to low inflation, the boom machine could hum smoothly for years. Carl Icahn, TWA's new chairman and top stockholder, struggles with a strike and mounting losses. The World Bank's new lender in chief...
...Carl Icahn, Wilde's words may be painfully true. When Icahn learned last August that he had won his bitter battle to take over Trans World Airlines, the New York financier and renowned corporate raider put on a pilot's cap and jacket and pranced around his office. "We've got ourselves an airline," he exulted...
...many adventure travelers are women in their 40s. Women who want company but don't have family or friends who feel like rafting in Costa Rica seek out a new breed of travel agency - like Gutsy Women Travel, founded by Gail Golden, 55, wife of former TWA boss Carl Icahn. Half the women who sign on for her trips are married, but their husbands aren't interested in taking cooking classes in Italy or visiting gardens in Savannah. "He likes the fact that she is safe, traveling with an escorted group and comes back happy because she has fulfilled...
With the labor agreements in hand, Icahn sweetened his bid to $24 a share, or a total of more than $500 million for the two-thirds of the airline's stock that he did not already own, topping the Texas Air offer by $1 a share. Lorenzo countered at week's end with a $26-a-share bid, but' Icahn disregarded this last-ditch offer, saying that he would continue to purchase TWA stock and close in on the 51% total needed for outright control of the company. Said Icahn's ally Hoglander: "Full steam ahead and damn the torpedoes...
...suddenly arose from a group of the airline's workers, led by white-collar, non-unionized employees. Advised by Christopher Bond, a former Governor of Missouri, this faction had reportedly raised more than $1 billion in the financial markets of Western Europe in an effort to top the Icahn and Lorenzo bids...