Thursday, February 18, 2010

Icahn vs Genzyme

There’s no doubt in my mind now that Carl Icahn is going to wage a proxy fight against Genzyme (Ticker: GENZ). On CNBC today, Carl Icahn was asked about his 4.8 million share stake in Genzyme and he responded: “I wouldn’t be surprised if you see some action from us on it." That’s as clear as an answer you will get from him.

Note: I have a position in Genzyme.


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