Investor Acquires Stake in Manitowoc

January 9, 2015

Activist shareholder and investor Carl Icahn has acquired a 7.77-percent ownership stake in Manitowoc, according to a Dec. 29, 2014 SEC filingThe purchase price was approximately $146.6 million for 10.5 million shares. 

According to the filing, Icahn plans to discuss splitting the Manitowoc's crane and food services units into two separate companies. 

Read the complete SEC filing here.