Icahn plans opposing slate of officers.ICAHN PLANS OPPOSING SLATE OF OFFICERS. Temple-Inland Inc., Austin, Texas, USA received notice from Carl Icahn Carl Celian Icahn (born February 16, 1936) is an American billionaire financier, corporate raider, and private equity investor. Carl Icahn Net worth is $14.5 Billion as of 2007 Forbes estimate. that Icahn entities plan to nominate nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. candidates for the Board of Directors at the Company's 2005 annual meeting of shareholders. These candidates would be in opposition to three current directors nominated nom·i·nate tr.v. nom·i·nat·ed, nom·i·nat·ing, nom·i·nates 1. To propose by name as a candidate, especially for election. 2. To designate or appoint to an office, responsibility, or honor. for re-election to the Company's Board of Directors. The Icahn entities have indicated in the notice that they own a total of approximately 1.2 million shares of Temple-Inland common stock, or approximately 2% of the stock outstanding. Temple-Inland is filing a proxy statement Proxy Statement A document containing the information that a company is required by the SEC to provide to shareholders so they can make informed decisions about matters that will be brought up at an annual stockholder meeting. with the Securities Exchange Commission. |
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