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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?

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