Local company’s shares climb 10%
Shares of Delek US Holdings rose about 10 percent Wednesday after noted investor Carl Icahn named the three men he would like to see take board seats and help force through big changes at the Brentwood-based company.
Icahn-controlled CVR Energy an oil-refining peer to Delek with a slightly larger market value last year said it wanted to buy Delek. But
a few weeks ago the company said it had shifted gears and now wants a board presence to push for a strategic overhaul. CVR controls 14.8 percent of Delek’s shares, the vast majority of which it acquired for an average price of a little more than $13. On Wednesday afternoon, Delek stock (Ticker: