Icahn Enterprises, a company has investments in various industries
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I would like to introduce some unfamiliar companies that may be of some help to your investments.
The company I’m going to introduce is$Icahn Enterprises LP(IEP)$ .
It went public in 2013.
[Company Profile]
Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally.
Its Investment segment invests its proprietary capital through various private investment funds. The company's Energy segment refines and markets transportation fuels; and produces and markets nitrogen fertilizers in the form of urea ammonium nitrate and ammonia.
Its Automotive segment is involved in the retail and wholesale distribution of automotive parts; and offers automotive repair and maintenance services. The company's Food Packaging segment produces and sells cellulosic, fibrous, and plastic casings that are used for preparing processed meat products.
Its Real Estate segment is involved in the rental of retail, office, and industrial properties; construction and sale of single-family homes and residential units; and golf and club operations. This segment also engages in hotel and timeshare resort operations.
The company's Home Fashion segment manufactures, sources, markets, distributes, and sells home fashion consumer products. Its Pharma segment offers pharmaceutical products and services.
The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida.
[History & Events]
In 2006, the company sold theSands Atlantic Cityhotel inAtlantic City, New Jerseyand several of the adjacent lots for $274.8 million toPinnacle Entertainment.
In 2008, the company acquired PSC Metals for $335 million.
In 2016, Icahn Enterprises purchased Trump Entertainment Resorts, which owned theHard Rock Hotel & Casino Atlantic City.
In 2017, the company acquiredFederal-Mogul.
In 2017, the company acquired Precision Auto Care, a chain of over 250 vehicle repair shops.
In 2017, the company acquired American Driveline Systems
In 2020, Carl Icahn announced his son Brett would succeed him as chairman of Icahn Enterprises and CEO of its investment subsidiary Icahn Capital LP.
[Main Business Segments]
[Net Income & Total Revenue]

[Competitors]
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