Carl Icahn – News Stories About Carl Icahn - Page 4

Oct 25, 2007 3:07 PM CDT

BEA Says It’s Worth $8.2B

Back-and-forth with Oracle continues; latter originally offered $6.7B for buyout

(Newser) - The board of BEA Systems responded to a time-sensitive takeover offer from Oracle today, valuing itself at $8.2 billion—fully $1.5 billion more than the database giant's bid. Oracle’s $17-a-share offer, now two weeks old, will expire on Sunday evening if BEA doesn’t act on it....

Bundling Hits
Its Stride

Oct 18, 2007 12:38 PM CDT

Bundling Hits Its Stride

Donation gathering accounts for ¼ of money, is ‘chief source’ of campaign abuse

(Newser) - Bundlers have become the stars of 2008 campaign fundraising, the accounting for one-quarter of all money raised in the presidential race—up from 8% in 2000. Donors sought new inroads when soft money was restricted, and the gathering of donations has become “the chief source of abuse,” says...

Software Titan Oracle Eyes Another Conquest

Oct 13, 2007 1:03 PM CDT

Software Titan Oracle Eyes Another Conquest

It makes $6.7B offer for BEA, but Icahn and execs reject it as too low

(Newser) - Software maker BEA Systems is under pressure from shareholder Carl Icahn to sell, but executives say this week’s $6.7 billion offer by Oracle is too low. Icahn agreed the unsolicited bid wasn’t good enough but said he was pleased an offer was made, the New York Times...

Motorola Chief Walks On
Razr’s Edge

Jul 12, 2007 11:22 AM CDT

Motorola Chief Walks On Razr’s Edge

Second straight quarterly loss fans firing flames for Zander

(Newser) - Motorola posted its second consecutive quarterly loss yesterday, amplifying calls for the ouster of CEO Ed Zander. Despite the popularity of the Razr handset, the company has likely ceded its second-place position in the cellphone wars to Samsung, and now analysts are doubting it'll turn a profit this year.

Motorola's Razr Cuts
Both Ways

Apr 27, 2007 9:08 AM CDT

Motorola's Razr Cuts Both Ways

Slumping cellphone maker learns a lesson about putting all its eggs in one basket

(Newser) - Riding high on the success of its sleek Razr cellphone, Motorola got cocky and didn't come up with a suitable successor, the Wall Street Journal reports, and the misstep cost the company big bucks. While Motorola struggled to keep up with emerging technology and wrestled with management upheaval, competitors moved...