Icahn gives up attempted ouster of Clorox's board

09/28/2011 | Barrons.com · Bloomberg Businessweek · Wall Street Journal, The

Investor Carl Icahn ended efforts to replace Clorox's board of directors and force a sale of the company, saying that his plan had not garnered enough shareholder support. Clorox's stock decreased about 4% on Monday following Icahn's announcement, but analysts expressed confidence in Clorox's business fundamentals and long-term prospects.

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Barrons.com · Bloomberg Businessweek · Wall Street Journal, The

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