Carl C. Icahn, the billionaire investor who has battled executives at Motorola, Time Warner, and other iconic corporations, now appears to have Biogen Idec in his crosshairs.
Mr. Icahn, who recently bought a 1 percent stake in the Cambridge, Mass. biotech company, won federal approval Friday to take a bigger stake, sending shares to a two-year-high Monday on talk Biogen Idec could become a takeover target.
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