Carl Icahn, the activist investor, has raised the stakes in his attempt to take over Clorox, the US household goods company, by attempting to put himself and 10 others on its board of directors.
The company, which makes Pine Sol cleaning products, Scoop Away cat litter and Kingsford charcoal, last month rejected Mr Icahn’s sweetened bid for the company, which valued it at $13bn including debt.
On Friday, Mr Icahn sent a letter to Clorox nominating a slate of new directors that included himself, his son Brett, and A.B. Krongard, a former executive director of the Central Intelligence Agency.
Full story: Icahn pushes for board seats at Clorox – FT.com.