05:47 AM EST, 01/10/2025 (MT Newswires) -- Icahn Enterprises ( IEP ) and Icahn Enterprises Holdings, or IEH, said Thursday they will accept for payment all of the 878,212 shares properly tendered and not withdrawn in its cash tender offer to acquire CVR Energy ( CVI ) common stock for a total price of about $16 million.

Icahn ( IEP ) launched a tender offer to acquire up to 17.8 million shares of CVR Energy ( CVI ) at a price of $18.25 per share, which expired on Jan. 8.

The tendered shares represent about 0.9% of CVR Energy's ( CVI ) outstanding common stock, the companies said.