Carl Icahn TWA Hostile Takeover - Asset Stripping Blueprint
In May 1985, Carl Icahn orchestrated a hostile takeover of Trans World Airlines (TWA), becoming a quintessential example of 1980s corporate raiding. Icahn acquired 50% of TWA through a leveraged buyout, eventually taking full control by 1988. His strategy involved systematically selling the …
Carl Icahn
Trans World Airlines
American Airlines
corporate-raiding
asset-stripping
leveraged-buyouts
corporate-destruction
1980s-financial-history
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