Icahn Showing Strong Interest in Biogen Idec Inc - Valuation
By Karl. Carl Icahn is trying to add 3 more seats to the Biogen Idec Inc (ticker: BIIB) board of directors through a proxy fight. This is in addition to 2 seats that he already controls. He is also trying to lock the number of seats to 13. By doing this, he prevents any potential dilution of the board of directors. At the same time, he will essentially have strong oversight of the company. Read ...
2010-02-03 -
Guru Focus