Carl Icahn Issues Statement Regarding Management Change At Forest Laboratories

NEW YORK, Sept. 10, 2013 (GLOBE NEWSWIRE) -- Carl Icahn today issued the following statement regarding Forest Laboratories, Inc. (NYSE:FRX):

We applaud Forest Labs' search committee and its board of directors in their selection of Brent Saunders as chief executive officer. We believe Mr. Saunders' impressive record at Bausch & Lomb and Schering-Plough are cause for optimism about Forest's future prospects. We also wish to thank Howard Solomon for the contributions he has made to Forest and for his continuing commitment to the company. We were happy to have assisted in the selection process and we look forward to working cooperatively and constructively with the board and with Mr. Saunders to increase value for all shareholders.
CONTACT: Susan Gordon (212) 702-4309

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX