Icahn ups bid in war of words with Clorox

Comments (0) | 21 Jul 2011 | Rating | Print by Tim Human

Activist says company’s board is like statesmen and generals fighting wars without putting themselves at risk

Carl Icahn has improved his bid for Clorox and rebuked the company’s management for defending its performance.

Yesterday, Icahn sweetened his offer from $76.50 to $80 and said it is ‘a bit absurd’ for the board to boast about its record and call his offer inadequate.

In a ...

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