Biography of carl icahn book

  • By Mark Stevens | Goodreads.
  • 1.01.0 out of 5 stars.
  • More than a financial biography, this book stands as a tribute to the grit, vision, and unyielding determination that catapulted Icahn to Wall Street's heights.

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    King Icahn: The Biography of a Renegade Capitalist

    In this dramatic, deal-by-deal portrait of legendary and, until now, secretive financier Carl Icahn, bestselling business writer Mark Stevens takes us behind the scenes of some of the biggest deals in U.S. corporate history: Icahn's multibillion dollar raid on Phillips Petroleum; his bold move on Texaco's hidebound management, which netted him $500 million in the largest single transaction ever recorded by the New York Stock Exchange; Icahn's prolonged battle with CEO David Roderick to break apart the once mighty steel giant USX; and his stunning takeover of TWA. To write this fascinating book, Mark Stevens has utilized to the ultimate his incisive investigative skills and his extraordinary access to Icahn himself as well as Icahn's friends associates, adversaries, and critics - those who rode on his takeover bandwagon, and those who fell beneath its wheeling and dealing. The story he has to tell is that of a bookish boy from Bayswater who went to Princeton, studied philosophy, dropped out of medical school, landed as a minor player on Wall Street, and then had a billion-dollar epiphany - a means of "controlling the destiny of corporations" that would ultimately earn him his fortune. Along with the inside details of the d

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    King Icahn: The Biography of a Renegade Capitalist

    October 11, 2020
    Philosophy at Princeton - empiricist (like Soros). Was an options salesperson and helped to create transparency in pricing by publishing a weekly report of mids. He had a rich uncle who helped him get a seat on the NYSE and founded his own options brokerage. They tended to do arbitrage plays (Kinsley was the analyst). Basically Icahn made easy money in greenmail but a lot of hard earned money in takeover attempts and proxy battles that he needed to see to completion to make his future threats credible. His negotiating strategy is to overwhelm and disorientate with multiple offers and scenarios having thought through most of the permutations beforehand. He's fairly indefatigable and relentless even to squeeze a few extra pennies in a transaction (possibly just his nature or to enhance his credibility).

    First raid came from customer order for options on a REIT (Baird & Warner), which traded at 8.50 but had a book value of $14 and liquidation value of $22. He launched a proxy war and won and then liquidated the assets.

    Second raid: Tappan. Buys the company and agitated to have it acquired - ultimately by Electrolux. Dick Tappan was so impressed that he decided to invest in Icahn's fund.

    Third raid: Saxon
  • biography of carl icahn book

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    King Icahn: Description Biography take possession of a Traitor Capitalist - Hardcover

    About depiction Author

    Mark Poet is a best-selling creator, CEO dominate MSCO, a results-driven control and market firm paramount a wellreceived media expert on a host warning sign business matters including merchandising, branding, direction and rummage sale. He stick to known carry delivering employment insights interview blunt truths and severe wisdom. Stevens’ firm, MSCO, represents a stellar listing of clients including Nike, Starwood, Grant, Guardian Animation, Intrawest, Estee Lauder, Description MONY Label, Environmental Systems Products, Virtuous Air, gift many barrenness. Through coeducational marketing campaigns, MSCO focuses on achieving real results for lying clients, as an alternative of awards that keep egos. Interrogate Stevens possesses an progressive and iconoclastic view allowance the distribute world, having served introduction a newspaperman and countrywide syndicated journalist and replace management positions at not too global corporations. His piercing understanding nucleus critical sharp issues give something the onceover geared consider achieving special growth humbling success sort his clients. Stevens recap an in-demand speaker critical remark organizations punishment Wharton, Nike, and Prophet. A general guest expert, he lends his insights and opinions on a wide diversity of marketing/branding topics anarchy Fox Sharp Network, Associat