Carl Icahn happy with Board Representation at Amylin Pharma

February 10th, 2010
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Contributed by: Hedge Fund Solutions LLC
Shareholder activist investor Carl Icahn stated on January 25th that he will not seek additional representation on Amylin Pharmaceuticals, Inc.’s (NASDAQ: AMLN) board because enough board members approve of re-nominating two candidates that were appointed last year after a proxy contest with Mr. Icahn’s Icahn Associates and Eastbourne Capital Management LLC. Icahn’s hedge funds currently hold 12,971,328 shares of Amylin or 9.43% of shares outstanding.

Hedge Fund Solutions previously covered AMLN in numerous Catalyst Research Reports, highlighting Icahn’s and Eastbourne Capital’s (12.5%) successful attempt to replace two board members up for election in 2009.
For Detailed Investor Profiles on these Investors, click below:
Eastbourne Capital Management
Icahn Associates (Carl Icahn)
Related People: Alexander J. Denner; Brett Icahn; Carl Icahn; Keith A. Meister*; Rick Barry
Related Entities: Black Bear Hedge Funds; High River Limited Partnership; Icahn Partners; Icahn & Co Inc; Icahn Associates; Icahn Enterprises (formerly American Real Estate Partners); Icahn Fund Ltd; Icahn Partners LP; Robertson Stephens*
Related Article Tags: Shareholder Activists, Corporate Raiders and Proxy Battles; Hedge Fund Resources and Featured Partner News

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