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Icahn plans raising stake in oil refiner CVR, WSJ reports

By Yahoo! Finance   |   Nov 7, 2024 at 09:42 PM EST
Icahn plans raising stake in oil refiner CVR, WSJ reports

Icahn Enterprises LP plans to increase its stake in CVR Energy by over 20% by buying 15 million shares, aiming to raise its ownership to more than 81%. This move is expected to benefit stockholders with a premium payout.

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