Entries tagged "Warren Lichtenstein"
The battle over a measly $15 million between hedge fund giants Carl Icahn and Warren Lichtenstein of Steel Partners LLC continues....
Billionaire investor Carl Icahn is known for his ability to yield a mighty pen in his biting, vitriolic and oftentimes comedic letters to the boards and management that he has mounted proxy fights against through the years. So, what's the deal with the plain vanilla, boilerplate letter that he sent to Steel Partners LLC's shareholders on Friday in an attempt to inspire them to join his cause against the hedge fund that has decided to go public in lieu of paying out redemptions to investors? ...
Activist turned private equity investor Warren Lichtenstein is one step closer to his goal of buying body armor maker Point Blank Solutions Inc. or having it consider strategic options, including a sale....
The activist fund, managed by Warren Lichtenstein, on Friday settled a pending proxy contest with EnPro Industries Inc. Lichtenstein agreed to call off his contest after EnPro agreed to expand its board size to nine members from eight and add Lichtenstein's nominee Don DeFosset, the former chief executive of Walter Industries Inc. (A number of activist investors, including Pirate Capital, sought to have Walter broken up in 2005. Steel held a large Walter stake at the time.)...
