Icahn Enterprises L.P. Announces Quarterly Distribution
May 02 2016 - 8:30AM
Icahn Enterprises L.P. (NASDAQ:IEP) today announced that the Board
of Directors of its general partner has declared a quarterly
distribution in the amount of $1.50 per depositary unit. The
quarterly distribution is payable in either cash or additional
depositary units, at the election of each depositary unit holder
and will be paid on or about June 16, 2016 to depositary unit
holders of record at the close of business on May 12, 2016.
Depositary unit holders will have until the
close of business on June 6, 2016 to make an election to receive
either cash or additional depositary units; and, if a holder does
not make an election, it will automatically be deemed to have
elected to receive the distribution in cash.1
Icahn Enterprises L.P. (NASDAQ:IEP), a master
limited partnership, is a diversified holding company engaged in
ten primary business segments: Investment, Automotive, Energy,
Metals, Railcar, Gaming, Mining, Food Packaging, Real Estate and
Home Fashion.________________________________1 Icahn Enterprises
will calculate the depositary units to be distributed based on
the 5 trading day volume weighted average price of Icahn
Enterprises' depositary units ending on June 13, 2016. To the
extent that the aggregate units to be distributed to any holder
would include a fraction of a unit, that fractional unit will be
settled in cash.
Investor Contacts:
SungHwan Cho, Chief Financial Officer
(212) 702-4300
Icahn Enterprises (NASDAQ:IEP)
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