Icahn Enterprises LP, a holding company based in Sunny Isles Beach, Florida, employs 20,000 people and operates in sectors including energy, automotive, food packaging, real estate, home fashion, and pharma through various subsidiaries. Key subsidiaries include CVR Energy, Icahn Automotive Group LLC, Viskase Companies, WestPoint Home LLC, and Vivus LLC, each managing a specific business segment.
IEP has been in the news recently: Icahn Enterprises LP (IEP) and its founder, Carl Icahn, were fined $2 million by the SEC for failing to disclose billions in personal margin loans secured by IEP shares, and are under investigation by the Schall Law Firm for potentially misleading investors regarding these loans. Since April 2023, IEP's stock has declined by 59% due to a negative valuation report from Hindenburg Research.
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