Icahn ends takeover attempt of Commercial Metals
Carl Icahn ended a hostile takeover attempt of Commercial Metals after failing to win over shareholders, sending shares tumbling in premarket trading Wednesday.
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.