Billionaire investor Carl Icahn said on Friday a sale of BEA Systems to a strategic acquirer would maximize the value of its shares and that he might seek to nominate directors to the software maker's board.
Icahn reported in a filing with the U.S. Securities and Exchange Commission that he holds an 8.53 percent stake in BEA, or about 33.43 million shares. He said he intends to meet with BEA's management to discuss a potential sale, as well as meet with other large shareholders.
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