Tags: Clorox | Shares | Jump | Icahn | stake

Clorox Shares Jump as Icahn Grabs 9 Percent Stake

Friday, 11 Feb 2011 01:25 AM

 

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink

Billionaire activist investor Carl Icahn reported a 9.08 percent stake in Clorox Co, sending its shares up almost 8 percent.

Icahn may seek to have conversations with the company's management to discuss its business, according to a filing with the U.S. Securities and Exchange Commission Friday.

Clorox shares were up $5.20 at $71.45 Friday afternoon on the New York Stock Exchange.

Clorox could not be reached for comment.

© 2014 Thomson/Reuters. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
 
You May Also Like
Around the Web
Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved