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IEP has been in the news 500% more than usual

Aug 19, 2024, 2:31 PM
-16.42%
What does IEP do
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: Carl Icahn and Icahn Enterprises LP agreed to pay a total of $2 million to settle SEC charges for failing to disclose billions in personal loans secured by Icahn Enterprises securities. The penalties include $1.5 million for the company and $500,000 for Icahn personally.
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