Carl C. Icahn issues open letter to Board of Directors of Commercial Metals Company
Carl C. Icahn, Chairman of the Board of the general partner of Icahn Enterprises LP /quotes/zigman/1508908/quotes/nls/iep IEP +1.29% , issued the following open letter this afternoon to the Board of Directors of Commercial Metals Company.
Carl Icahn ended a hostile takeover attempt of Commercial Metals after failing to win over shareholders, sending shares tumbling in premarket trading Wednesday.