Icahn Enterprises L.P. and Icahn Enterprises Holdings L.P. announce extension of tender offer
Published by Emilie Grant,
Editorial Assistant
World Fertilizer,
Icahn Enterprises L.P. (IEP), and Icahn Enterprises Holdings L.P. (IEH), have announced that the expiration time of its cash tender offer for up to 17 753 322 shares of CVR Energy, Inc.'s (CVR Energy) common stock, par value US$0.01 per share, at a price per share of US$18.25 (the offer), has been extended from one minute after 11:59 p.m., New York City time, on January 6, 2025 to 5:00 p.m., New York City time, on January 8, 2025. All other terms and conditions of the offer remain unchanged, and IEP and IEH do not intend to further extend the offer, increase the price of the offer or otherwise change any of the terms or conditions with respect to the offer.
The full terms and conditions of the offer are discussed in the offer to purchase, dated December 6, 2024 (the offer to purchase), and the associated letter of transmittal and other materials relating to the offer that were filed with the Securities and Exchange Commission (the SEC) and distributed to CVR Energy's stockholders.
Broadridge Corporate Issuer Solutions, LLC, the depositary and paying agent for the offer, has informed IEP that as of 6:00 p.m., New York City time, on January 6, 2025, approximately 960 479 shares have been tendered in the offer, including 700 244 shares tendered by guaranteed delivery. The number of shares tendered may change significantly prior to the expiration time.
None of CVR Energy, the Special Committee - Strategic of its board, IEP or IEH or their affiliates, the information agent nor the depositary and paying agent, are making any recommendation to stockholders as to whether to tender or refrain from tendering their shares in the offer. Stockholders must decide how many shares they will tender. In doing so, stockholders should read carefully the information in the offer to purchase and the other offer documents.
Read the article online at: https://www.worldfertilizer.com/project-news/09012025/icahn-enterprises-lp-and-icahn-enterprises-holdings-lp-announce-extension-of-tender-offer-for-up-to-17-753-322-shares-of-common-stock-of-cvr-energy/
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