BRIEF-Icahn Enterprises L.P. Announces Proposed Tender Offer To Acquire Additional Shares Of CVR Energy Common Stock

Reuters11-08

Nov 8 (Reuters) - Icahn Enterprises LP :

* ICAHN ENTERPRISES L.P. ANNOUNCES PROPOSED TENDER OFFER TO ACQUIRE ADDITIONAL SHARES OF CVR ENERGY COMMON STOCK

* ICAHN ENTERPRISES LP- PROPOSED DEAL FOR FOR A PURCHASE PRICE OF $17.50 PER SHARE.

* ICAHN ENTERPRISES LP: WOULD COMMENCE A TENDER OFFER TO ACQUIRE UP TO 15 MILLION ADDITIONAL SHARES OF CVR

* ICAHN ENTERPRISES LP: PROPOSING TENDER OFFER BECAUSE IT BELIEVES THAT CVR'S SHARES ARE UNDERVALUED IN MARKET

* ICAHN ENTERPRISES -IF PROPOSED TENDER OFFER TO BE FULLY SUBSCRIBED, IEP TO BENEFICIALLY OWN 81.3% OF CVR'S OUTSTANDING COMMON STOCK

Source text: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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