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ICAHN ENTERPRISES L.P. AND ICAHN ENTERPRISES HOLDINGS L.P. ANNOUNCE EXTENSION OF TENDER OFFER FOR UP TO 17,753,322 SHARES OF COMMON STOCK OF CVR ENERGY
IEPIcahn Enterprises(IEP) Prnewswire·2025-01-07 00:15

Core Points - Icahn Enterprises L.P. and Icahn Enterprises Holdings L.P. have extended their cash tender offer for up to 17,753,322 shares of CVR Energy's common stock at a price of $18.25 per share, with the new expiration time set for January 8, 2025 [1] - As of January 6, 2025, approximately 960,479 shares have been tendered in the offer, including 700,244 shares tendered by guaranteed delivery [3] - The offer's terms and conditions remain unchanged, and there are no intentions to further extend or increase the offer price [1][2] Company Information - CVR Energy is a diversified holding company engaged in renewables, petroleum refining, marketing, and nitrogen fertilizer manufacturing through its interest in CVR Partners, LP [6] - Icahn Enterprises L.P. is a diversified holding company with subsidiaries in various sectors including investment, energy, automotive, food packaging, real estate, home fashion, and pharmaceuticals [7]