CVR Energy Blasts Icahn Over Jab At Reuters Piece

Law360, New York (March 14, 2012, 7:25 PM EDT) -- The back-and-forth between billionaire activist investor Carl C. Icahn and Texas oil and gas company CVR Energy Inc. over his $2.6-billion hostile takeover attempt took a new turn Wednesday when CVR blasted Icahn for speculating that CVR paid for press coverage painting the investor in an unflattering light.

Icahn, who is facing stiff resistance on his $30-per-share tender offer, put out a letter to shareholders Wednesday accusing CVR of poisoning the shareholders against him with "inflammatory rhetoric" and a damning news story that he "would not...
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