Reuters: Mergers News: UPDATE 1-Icahn to nominate directors for Forest Labs board

Reuters: Mergers News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

UPDATE 1-Icahn to nominate directors for Forest Labs board May 30th 2012, 16:53 Wed May 30, 2012 12:53pm EDT May 30 (Reuters) - Billionaire investor Carl Icahn, who last year failed to get his nominees elected to the board of Forest Laboratories Inc, plans to nominate another slate of directors at the drugmaker's upcoming meeting of shareholders, according to a regulatory filing. Icahn, who holds 9.92 percent of Forest shares -- up from 9.90 percent last August -- intends to have Dr. Eric Ende serve as a nominee and lead the proxy fight, the filing with the U.S. Securities and Exchange Commission said. Ende was also one of Icahn's proposed directors in his failed proxy fight last year. Icahn's proposed slate of directors would not constitute a majority of the board, the filing said. Forest Labs could not immediately be reached for comment.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions