Icahn poised to win at least one seat on Illumina’s board
Carl Icahn was successful in gaining enough shareholder backing to appoint one of his nominees to Illumina Inc.'s board of directors, as reported by Reuters. This was the most significant board battle of the year, as Illumina's market value is $30 billion. Icahn is attempting to restore his reputation after a shortseller attack on his investment firm. Illumina later verified the results of the board fight, causing its shares to decrease by over 10%.0
