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garydpdx
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re: Icahn makes bid to acquire Mentor
garydpdx   2/22/2011 7:41:40 PM
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Carl Icahn wasn't around when Cadence under Mike Feister made a run at Mentor.

mranderson
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re: Icahn makes bid to acquire Mentor
mranderson   2/22/2011 6:43:36 PM
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I get the impression that Icahn was one of those people trying to force the sale of Mentor to Cadence. Anyways, I don't think he has a sound strategy. Causing Mentor to go bankrupt by piling up debt frankly does not seem like a good long term business proposal.

garydpdx
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re: Icahn makes bid to acquire Mentor
garydpdx   2/22/2011 6:05:12 PM
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By waiving the breakup fee, Carl Icahn may be hoping for someone to buy HIM out ... My own expectation when Carl Icahn appeared was that he intended to scare up the value of MENT, which has happened with other of his holdings (it worked for Yahoo, for a while; but let's not talk about Blockbuster) and pushed the issue by buying up to the ceiling. And then, to pull out another cliche, finding himself painted into a corner.

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