CVR Energy Urges Rejection Of Icahn Tender Offer
In a letter to stakeholders, CVR said that Icahn's Feb. 14 offer "substantially undervalues CVR Energy, is replete with conditions and 'outs,' is structurally flawed and provides opportunities for abuse of CVR Energy’s stockholders."
Icahn had been agitating for the Sugar Land, Texas-based company to sell itself, claiming...
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