TITLE

Icahn's WPS Bid Raises Questions

AUTHOR(S)
Felgner, Brent
PUB. DATE
April 2005
SOURCE
Home Textiles Today;4/4/2005, Vol. 26 Issue 30, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
16693124

 

Related Articles

  • 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...

  • 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...

  • 10 investors.  // Automotive News;1/1/2007, Vol. 81 Issue 6236, p22 

    The article presents information on the role of private investors in the U.S. automobile industry. Billionaire Carl Icahn of Icahn Partners LP acquired a $200 million stake in supplier Lear Corp. and gained a seat on the company's board. New York investor Wilbur Ross of W.L. Ross & Co. wants to...

  • Icahn deal doesn't deter Ross' Lear plans. Sherefkin, Robert; Barkholz, David // Automotive News;10/23/2006, Vol. 81 Issue 6226, p4 

    The article discusses the impact of increased stake of investor Carl Icahn in interiors giant Lear Corp., on Wilbur Ross, who is planning to acquire Lear's business in North America. According to Ross, increased stake of Icahn in Lear will not have any negative impact on his joint-venture...

  • Ross, Icahn lead private equity's auto foray. Sherefkin, Robert // Automotive News;4/30/2007, Vol. 81 Issue 6253, p48 

    The article reports on several leading private equity buyers in the field of automotive suppliers. Wilbur L. Ross Jr., head of investment firm W. L. Ross & Co. LLC, with his holdings in Lear Corp.'s interiors business and some Collins & Aikman Corp. assets, has generated $5 billion annual auto...

  • 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...

  • Icahn descends on WestPoint Stevens. Hogsett, Don // Home Textiles Today;5/24/2004, Vol. 25 Issue 37, p1 

    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...

  • 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.

  • Ross Sees Bright Future for WPS.  // Home Textiles Today;3/7/2005, Vol. 26 Issue 26, p1 

    The article reports that investor Wilbur Ross--who has recently cut a deal to buy bankrupt textiles producer WestPoint Stevens Inc. (WPS)--sees bright future for WPS. If investor Wilbur Ross has his way, WPS just might rise like a phoenix from the ashes of bankruptcy, taking wing as a low-cost...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

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

Try another library?
Sign out of this library

Other Topics