Icahn Enterprises LP (IEP) suffered another blow today when its biggest holding, CVR Energy (an operator of refineries in AK & OK majority-owned by IEP), suspended its dividend, cutting off one of IEP’s major sources of cash flow. In turn, this is a serious blow to Carl Icahn personally who owns 86% of IEP & pledged most of his IEP partnership units & o…
Keep reading with a 7-day free trial
Subscribe to The Credit Strategist to keep reading this post and get 7 days of free access to the full post archives.