Hungry Raider: Icahn's antics on two fronts

Icahn's antics on two fronts

For Takeover Artist Carl Icahn, the raiding game is like eating Chinese food. As soon as he finishes munching on one company, he craves another one. Only three days after making more than $16 million in a foiled attempt to take over Uniroyal, the Connecticut-based tiremaker, Icahn disclosed that his next target will be Trans World Airlines (1984 sales: $3.7 billion). Icahn said that he and a group of partners have spent about $95 million to buy 20.5% of the airline's 32.9 million outstanding shares.

TWA will not be greeting Icahn with a friendly "welcome aboard." Said President C.E. Meyer: "Mr....

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