Carl Icahn Bets Big On CVR While Slashing IEP Dividend In Half

By Yahoo! Finance | Nov 8, 2024 at 04:09 PM EST

Renowned investor Carl Icahn plans to increase his firm's stake in CVR Energy, Inc. by over 20% while cutting its dividend payout. Despite challenges faced by CVR Energy, Icahn sees potential in undervalued markets and aims to capitalize on opportunities.

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