Icahn Stake Loses Value as Clorox Success Returns Cash: Real M&ASarah Rabil and Tara Lachapelle
Billionaire Carl Icahn’s investment in Clorox Co. gives him a stake in a company that is already squeezing more profit from sales and generating more cash than any U.S. household products maker. That may make it harder for the activist to push for a sale or breakup.
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