Carl Icahn

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WCI Emerges From Bankruptcy

Florida-based public builder sheds $2 billion in debt through Chapter 11. Read more

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SEC Charges Florida Man with Fraud in WCI Communities Stock Sales

A Fort Myers marketing executive is accused of issuing a false press release to drive up WCI's stock price. Read more

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WCI, Facing Deadline, Improves Offer to Creditors

Luxury public builder does not have cash to cover upcoming $125 million debt call. Read more

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WCI Offers Sweetened Deal to Creditors

WCI Communities is offering its creditors a sweeter debt deal to back off on their demands to be repaid early. Read more

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Icahn May Double Down on WCI

The billionaire financier filed an SEC report on Friday announcing he is talking with a “special committee” about restructuring the company. Read more

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Icahn Designating Three Directors to WCI Board

WCI Communities and affiliates of Carl Icahn are announcing Monday that they have agreed to a new composition for the WCI Board of Directors which will be submitted to shareholders for approval at the Annual Meeting of Shareholders on August 30. As part of the agreement, The Icahn Group will withdraw its slate of nominees for the board, effectively ending its proxy contest. Icahn offered to buy WCI for $22 a share earlier this year, but the builder turned the deal down. Read more

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