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Icahn goes to Commercial Metals holders with bid
Billionaire investor Carl Icahn is taking his buyout offer that values Commercial Metals Co. at $1.73 billion directly to the company's stockholders, a day after the scrap-metal processor rejected the bid.Icahn Enterprises Holdings LP said Tuesday that it plans to start a tender offer for all of Commercial Metals' outstanding stock at $15 per share, which was a 7 percent premium to the Irving, Texas,
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