A Wounded Carl Icahn Makes His Play at a Struggling Illumina

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Carl Icahn might be down, but he’s not out. The legendary activist investor, 87—who has seen the stock of his investment company,

Icahn Enterprises


plunge after an attack by short-seller Hindenburg Research and a possible federal probe—squares off on Thursday in a proxy fight at

Illumina


the dominant developer of gene-sequencing technology. Illumina has been mired in a messy attempt to buy its former unit, cancer screener Grail.

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