updated - September 18, 2018 Tuesday EDT
Icahn Enterprises has raised its bid for Pep Boys: Manny, Moe & Jack, a full-service and tire automotive aftermarket chain, to $16.50 a share, or about $919 million, according to a report from The Wall Street Journal.
Carl Icahn, a billionaire investor, is putting up the Fontainebleau Las Vegas on the Strip, for sale, according to a report from The Wall Street Journal. CBRE Group Inc., who Icahn hired to market the unfinished resort and casino, said that they expect to sell the property for $650 million.
Billionaire Carl Icahn sold the remainder of his holdings of Neflix, Inc., again realizing a massive profit even despite having already sold a substantial stake in 2013 as the value of shares continued to surge due to the company's sustained business improvement.