Carl Icahn’s High River Limited Partnership said has again extended its deadline to purchase up to $40 million in bonds of ailing insurance company Reliance Group Holdings Inc.
Icahn has extended the offer to Feb. 20 from the previous expiration date of Feb. 13. The deadline had already been postponed three other times since a federal appeals court allowed Icahn to buy the bonds.
Icahn already owns about $43.6 million of the bonds apart from the offer, he said on Jan. 15.
Was this article valuable?
Here are more articles you may enjoy.
Home-Renovation Expense Keeps Rising as Companies Pass on Costs 
Nvidia’s Huang Ousted by Board After Reports of Three Affairs 
Ivans: US Commercial Renewal Rate Increases Slowed in October 
Erie CEO NeCastro Steps Down Early; Bolash Named Interim Leader 
