SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): July 23, 2008
| | Icahn Enterprises L.P. | |
| | (Exact name of registrant as specified in its charter) | |
Delaware | 1-9516 | 13-3398766 |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 767 Fifth Avenue, Suite 4700, New York, NY | 10153 |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s Telephone Number, Including Area Code: (212) 702-4300
| | | |
| | (Former Name or Former Address, if Changed Since Last Report) | |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| o | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| | |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| | |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| | |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
ICAHN ENTERPRISES L.P. (NYSE: IEP) (“Icahn Enterprises”) is engaging an investment advisor to explore strategic alternatives with respect to its wholly owned indirect subsidiary - PSC Metals, Inc. Below is certain financial information regarding PSC Metals, Inc.
PSC METALS, INC. AND SUBSIDIARIES |
| |
UNAUDITED DATA FOR THE PERIODS INDICATED |
| | | |
| | | Six Months Ended June 30, |
| (000s) | | | 2008 | | | 2007 | |
| | | | | | | | |
| Net sales | | $ | 736,941 | | $ | 423,379 | |
| Cost of sales | | | 632,558 | | | 394,772 | |
| Gross profit | | | 104,383 | | | 28,607 | |
| Selling, general and administrative | | | 14,733 | | | 10,359 | |
| | | | | | | | |
| Income from continuing operations before interest and taxes | | $ | 89,650 | | $ | 18,248 | |
| | | | | | | | |
| Depreciation and Amortization | | $ | 7,500 | | $ | 5,396 | |
| Capital Expenditures | | $ | 14,937 | | $ | 12,241 | |
| | | | | | | | |
| Ferrous tons sold | | | 1,137 | | | 853 | |
| Non-ferrous pounds sold | | | 73,349 | | | 56,607 | |
The summary historical interim consolidated financial data set forth above is preliminary and subject to change. We have not yet reported our results for the six-month period ended June 30, 2008. This data is unaudited and has not been reviewed by our independent auditors. Historical results are not indicative of results to be expected in the future and results for interim periods are not indicative of results that might be expected for any other interim period or for an entire fiscal year.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | ICAHN ENTERPRISES L.P. |
| | | | |
| | (Registrant) | |
| | | | |
| | By: | Icahn Enterprises G.P. Inc., |
| | | its General Partner |
| | | | |
| | | | |
| | | | |
| | | By: | /s/ Andrew R. Skobe |
| | | | Andrew R. Skobe |
| | | | Interim Chief Financial Officer |
| | | | |
| Date: July 23, 2008 | | | |
