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ICAHN ENTERPRISES L.P. AND ICAHN ENTERPRISES HOLDINGS L.P. ANNOUNCE RESULTS OF TENDER OFFER FOR UP TO 17,753,322 SHARES OF COMMON STOCK OF CVR ENERGY
IEPIcahn Enterprises(IEP) Prnewswire·2025-01-10 00:38

Core Points - Icahn Enterprises Holdings L.P. announced the results of its cash tender offer for up to 17,753,322 shares of CVR Energy's common stock at a price of 18.25pershare,whichexpiredonJanuary8,2025[1]Approximately878,212shareswereproperlytenderedandnotwithdrawn,representingabout0.918.25 per share, which expired on January 8, 2025 [1] - Approximately 878,212 shares were properly tendered and not withdrawn, representing about 0.9% of CVR Energy's outstanding common stock [2][3] - IEH will accept all properly tendered shares for a total purchase price of approximately 16 million [3] Company Information - CVR Energy is a diversified holding company engaged in renewables, petroleum refining, marketing, and nitrogen fertilizer manufacturing [4] - 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 [5]