Update: Icahn group says 2 of 4 dissident nominees have won Board seats….Carl Icahn seeks DE Court ruling to halt voting in BiogenIdec board elections…
Update: 3:29pm Mike Huckman reports Icahn group says they have won 2 of 4 dissident shareholder board seats….Alex Denner of Icahn Capital says the goal is not to break up BiogenIdec but to help the company execute..
A BiogenIdec spokesperson says results are still being tabulated and it is too early to speculate on results..
BIIB is up 1.03 right now…mhuckman is on twitter
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Mike Huckman on CNBC has the scoop, he is at the shareholder meeting LIVE:
BiogenIdec declared the meeting and voting in recess until 200pm..they are keeping voting open!
Carl’s people say they have already won seats on the board with their dissident shareholder platform, and BiogenIdec is keeping the voting open and calling blocks of shareholders to try to get them to change their votes…shades of Indiana, Gary, Dem primary last year, or any Illinois election apparently, lol,…
Carl will have none of it, and this Whale is headed to DE court now to get I am guessing an injunction..
I love this kind of action :)), here is a Carl on FastMoney 9/08, love when Karen crushes on Carl, lol
Clips courtesy of andrewlacerenza
Carl Icahn schools the crowd on CNBC’s Fast Money. This show was aired on September 19, 2008 – live in New York from the Time Warner Bldg overlooking Columbus Circle and hosted by Dylan Ratigan. This was a town hall style show, with guest Carl Icahn, discussing the future of Wall St. Quote: “…eventually you’re gonna have all MORONS running the company.” – Carl Icahn
Moderate in the Middle 