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Icahn's Investment Funds Report Double-Digit Loss for Second Straight Year

Carl Icahn (Victor J. Blue/Bloomberg) Carl Icahn’s investment portfolio was profitable in the fourth quarter but not enough.His Investment Funds still wound up posting a loss for the second straight year, according to the annual report of Icahn Enterprises Holdings and Icahn Enterprises L.P. filed with regulators.The funds were up between 4 percent and To continue reading, subscribe now to Premium Journalism. Already a subscriber? Login. Related Content

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VIVUS Receives Court Approval of Joint Chapter 11 Plan of Reorganization

Press release content from Globe Newswire. The AP news staff was not involved in its creation. VIVUS Receives Court Approval of Joint Chapter 11 Plan of Reorganization VIVUS, Inc.December 11, 2020 GMT CAMPBELL, Calif., Dec. 11, 2020 (GLOBE NEWSWIRE) VIVUS, Inc. (the “Company”), a biopharmaceutical company, today announced that it has received approval from the United States Bankruptcy Court for the District of Delaware (the “Bankruptcy Court”) on its Second Amended Joint Prepackaged Chapter 11 Plan of Reorganization of VIVUS, Inc. and Its Affiliated Debtors [Docket No. 339] (the “Plan”). The Bankruptcy Court approved the disclosure statement and solicitation procedures and confirmed the second amended chapter 11 plan of reorganization, which implements the mediated settlement among the Company, Icahn Enterprises Holdings L.P. (dba IEH Biopharma LLC), and the Equity Committee. VIVUS will emerge from chapter 11 as a wholly-owned subsidiary of Icahn Enterprises L

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