Icahn Enterprises Announces Sale Of 2.0 Mln Depositary Units - Quick Facts

(RTTNews) - Icahn Enterprises L.P. (IEP) announced the sale of an aggregate of 2.0 million depositary units representing limited partnership interests in Icahn Enterprises.

Icahn stated that the last reported sale price of its depositary units on December 6, 2013 was $144.39 per unit. Icahn Enterprises has granted the underwriters an option for 30 days to purchase additional depositary units.

The company said the proceeds from the offering will be used for investments in one or more of our nine majority owned operating subsidiaries. Closing is expected to occur on or about December 13, 2013, subject to customary closing conditions.