Cheniere Energy (LNG) Jumps on Icahn Stake

Billionaire investor Carl Icahn has disclosed ownership of 19.4 million shares, or a new 8.2% activist stake, in liquid natural gas company Cheniere Energy, Inc. (LNG), sending its stock 6.5% higher in after-hours trading on Thursday. Icahn said the company’s shares were undervalued and that he may seek representation on the board of directors, “if appropriate.” […] View the full post at: Cheniere Energy (LNG) Jumps on Icahn Stake Related posts: Carl Icahn Doubles Stake in Lions Gate Carl Icahn Lowers Stake in Yahoo! to 4.48% Icahn Offers to Acquire Lions Gate Entertainment