BioCentury
ARTICLE | Finance

Back in the Forest

Icahn, Forest Labs to face off for the second time at a shareholder meeting

August 13, 2012 7:00 AM UTC

Activist investor Carl Icahn will be back for round two this week in his fight to appoint directors of Forest Laboratories Inc. (NYSE:FRX), and this time has some support from independent proxy advisory services.

Forest successfully defended itself from Icahn at last year's shareholder meeting. He proposed four directors, and none were elected to the 10-member board...