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Strategies & Market Trends : Value Investing

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To: - with a K who wrote (28679)	2/20/2008 3:42:09 PM
From: E_K_S	of 78745

Icahn Gets FTC Okay To Boost CSX Stake February 20, 2008 8:56 AM EST * Icahn Gets FTC Okay To Boost CSX Stake According to a posting a ftc.gov, Carl Icahn and related funds was granted early termination notice from the FTC, required under the Hart-Scott-Rodino antitrust law, on CSX Corp. (NYSE: CSX). The FTC did not disclose the nature of the transaction, but approvals are given on acquisition of stocks or assets greater than $50 million. At 12/31, Icahn Capital held 2.9 million shares of CSX of 0.69%. ============================================================= Looks like Icahn is upping his stake in CSX. According to your earlier posting (10/24/07), the Grahm Fair Value was $68.04. CSX is near it's all time high as it traded over $51 today. Icahn may feel there is still another 30% of value to be had in the company and is building his stake accordingly. EKS

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