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Icahn acquires stake in Manitowoc, seeks splitup

2014-12-29 14:43:16| Industrial Machines - Topix.net

Carl Icahn reported a 7.7 percent stake in Manitowoc Co Inc , and became the second activist investor this year to push for a splitup of the company's crane and foodservice equipment businesses. Ralph Whitworth's Relational Investors urged the company to spin off the foodservice equipment business in June, when it reported an 8.5 percent stake in the Wisconsin-based company.

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Category:Industrial Goods and Services

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