Icahn descends on WestPoint Stevens

Hogsett, Don
May 2004
Home Textiles Today;5/24/2004, Vol. 25 Issue 37, p1
Trade Publication
Reports on financier Carl Icahn's purchase of a large portion of WestPoint Stevens' debt, as the company works its way through Chapter 11 in the U.S. Speculation on whether Icahn signed on as a passive investor or if he is likely to take a more active role in the company; Remarks of key WestPoint executives regarding the Icahn transaction.


Related Articles

  • WPS Ready to Flex New Muscles. Felgner, Brent // Home Textiles Today;7/11/2005, Vol. 26 Issue 42, p1 

    Reports on the recovery of WestPoint Stevens Inc. from Chapter 11 bankruptcy in New York. Acquisition of the company by entrepreneur Carl Icahn; Total amount paid to debt holders in cash and stock; Statement of Icahn regarding the capital of the company.

  • Wrangling Over WestPoint. Felgner, Brent // Home Textiles Today;10/29/2007, Vol. 28 Issue 27, p4 

    The article reports on the deadline set on for the affiliates of Carl Icahn and the Steering Committee of First Tier Lenders of the old WestPoint Stevens Inc. to appeal a bankruptcy court order redistributing the sale proceeds from the 2005 auction of the bankrupt mill in New York. Meanwhile, a...

  • Ball in Icahn's Court as WPS Awaits Challenges. Felgner, Brent // Home Textiles Today;3/21/2005, Vol. 26 Issue 28, p1 

    Reports on the decision of WestPoint Stevens Inc. to accept the reorganization plan of investor Wilbur Ross in the U.S. Potential of investor Carl Icahn to challenge Ross' plan of a buyout; Contention over the fate of Icahn's share of the second-tier debt payments; Rejection of WestPoint...

  • Lionsgate board mum on Icahn bid. Hayes, Dade // Daily Variety;3/27/2009, Vol. 302 Issue 60, p5 

    The article reports on the reaction of the board of directors of Lionsgate Inc. regarding the bid offered by Carl Icahn for the debt of the company. It states that Lionsgate decided to be neutral about the issue. However, the board encourages debt holders to consider the possible risks before...

  • Icahn takes Federal-Mogul board post.  // Tire Business;4/28/2008, Vol. 26 Issue 2, p10 

    The article reports that American financier Carl C. Icahn has been elected as the non-executive chairman of Federal-Mogul Corp.'s board. Federal-Mogul exited bankruptcy protection on December 28, 2007. Icahn paid about $775 million for Federal-Mogul's unsecured debt. The automotive parts...

  • Icahn Ups WestPoint Stake. Hogsett, Don // Home Textiles Today;9/27/2004, Vol. 26 Issue 5, p1 

    The article discusses high profile financial engineer Carl Icahn's plan to increase his stake in WestPoint Stevens Inc., as the textiles titan gets ready to emerge from bankruptcy. Icahn bought a chunk of WestPoint's second-lien bank debt in May and is now said to have taken an even larger...

  • Icahn's WPS Bid Raises Questions. Felgner, Brent // Home Textiles Today;4/4/2005, Vol. 26 Issue 30, p1 

    Reports on the issues concerning the bid and proposal of businessman Carl Icahn to buy WestPoint Stevens Inc. in New York. Terms of Icahn's offer; Comparison of proposal between Icahn and businessman Wilbur Ross; Complaints of Icahn on the bidding procedures.

  • Icahn Hits Realogy With Debt Exchange Lawsuit.  // High Yield Report;12/8/2008, Vol. 19 Issue 47, p3 

    The article offers news briefs related to investment and stock exchange in the U.S. An investment firm headed by activist investor Carl Icahn has filed a lawsuit against Realogy Corp. The collapse of the BHP-Rio Tinto deal has pushed the value of busted mergers. Chicken processor Pilgrim's Pride...

  • Icahn Prevails In Bidding Contest For WestPoint Stevens.  // Textile World;Jul/Aug2005, Vol. 155 Issue 7, p12 

    The article reports on the winning bid submitted by New York City-based financier Carl C. Icahn in an auction for West Point, Georgia-based textile giant WestPoint Stevens Inc. The $703.5 million offer Icahn tendered through an indirect subsidiary of American Real Estate Partners LP (AREP),...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics