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Reuters

Icahn plans raising stake in oil refiner CVR, WSJ reports

Reuters
Summary
Nutrition label

76% Informative

Icahn Enterprises LP (IEP) plans to raise its stake in U.S. oil refiner CVR Energy by more than 20% , WSJ reported.

The company plans to buy an additional 15 million shares to increase its stake to more than 81% .

Icahn owns about 66% of CVR , which operates the 115,000 barrel-per-day (bpd) Coffeyville refinery in Kansas and 75,000 -bpd Wynnewood facility in Oklahoma .

VR Score

86

Informative language

93

Neutral language

29

Article tone

formal

Language

English

Language complexity

55

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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