Deals
Icahn Takes Stake in Rout-Beleaguered Freeport-McMoRan
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The billions in cutbacks that Freeport-McMoRan Inc. has taken in its battle against plunging commodity prices may not be enough for one of its newest shareholders, billionaire activist investor Carl Icahn.
Icahn amassed about 8.5 percent of the international natural resources company, the investor disclosed Thursday in a filing with the U.S. Securities and Exchange Commission.