Originally Posted by Flyby1206

With a 10% stake I am willing to bet he gets a BOD seat. 10% doesnt sound like a lot, but it is considering he is a single entity behind those shares. Blackrock and Vanguagrd are large shareholders but they are passive and do not get involved with board room issues.

If the board resists giving him a seat then he could put forth a shareholder proposal at the next annual meeting (usually in April/May I believe?) with a proposal to add Icahn as a board member. With 34m shares under his control it would likely pass.

https://www.sec.gov/ixviewer/ix.html...023_def14a.htm