Description: Carl Icahn made a surprise bid for Clorox, and suggested the company shop itself around as well. It’s a classic Icahn move, Deal Journal’s Shira Ovide reports.

Source: Marketwatch.com – video report

Date: 07/15/2011

Link:  http://www.marketwatch.com/video/asset/markets-hub-icahn-makes-surprise-bid-for-clorox/9A0BE37C-095E-450E-A934-D47600F669C4

Questions for discussion:

• What is the “classic Icahn move”?
• What do you think he is trying to achieve?
• What should investors do at this time?
• What should management of Clorox do?